Evaluation of the Comprehensive Annual Financial Report for the Fiscal Year Ended September 30, 20 20 and 201 9 and Consider Recommendation for Approval at the Board of Directors Meeting on Wednesday, January 20, 2021 (See Board Book Item Four) Mr. Parkman expressed his appreciation for allowing his

Staff Report & Agenda Item Details

firm to perform the audit this year. He then provided an overview of the Comprehensive Annual Financial Report for the Fiscal Year Ended September 30, 2020 and 2019 (CAFR). Referring to the Independent Auditor’s Report on Financial State ments on page 1 of the CAFR, Mr. Parkman stated that based on their examination, the financial statements presented in the audit are materially correct and received a clean opinion. Mr. Daniel joined the meeting at approximately 9:10 a.m. DocuSign Envelope ID: 8E6BEC1B-4AD7-4EA5-81D2-96273F097DFC Red River Authority of Texas January 19, 2021 Executive Committee Meeting _________________________________________________________________________________________

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.9/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.