Calabasas

City Council

7. Los Angeles County Metropolitan Transportation Authority Audit Reports for Fiscal Years Ended June 30, 2024 and 2023 Recommendation: Receive and file: (1) the Metro City of Calabasas Annual Financial Report of its Proposition A Local Return Fund, Proposition C Local Return Fund, Measure R Local Return Fund, Measure M Local Return Fund and Transportation Development Act Article 3 Fund as of and for Years Ended June 30, 2024 and 2023; (2) Independent Auditor’s Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards; and (3) Independent Auditor’s Report on Compliance and on Internal Control Over Compliance Required by the Guidelines.