City Council

CC 14. Fiscal Year 2023/24 Financial Audit. Recommendation(s): Receive audited annual financial report for the City of Lancaster, CA, Fiscal Year ending June 30, 2024. The City of Lancaster has recently completed its annual financial audit for the fiscal year ending June 30, 2024. The audit was completed by CliftonLarsonAllen LLP (CLA). The audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. These procedures include a review of internal controls, testing of transactions, and review of the financial statements for the auditors to express an opinion on the financial statements.