Neffendorf & Blocker, a CPA firm for the City of Bandera, presented their review of the 2020-21 audit to city council at their August 2 meeting, during which Keith Neffendorf said the city was in good financial position, although he noted some concerns regarding interal control and compliance.Financial StatusIn analysis of the city’s Annual Financial Report, the auditor’s opinion stated the financial statements present fairly in multiple aspects.That report says the city’s assets exceeded its liabilities at the close of the most recent fiscal year by $8,721,564 (net position). Of this amount, $1,562,504 (unrestricted net position) may be used to ...