City Council

A. ANNUAL COMPREHENSIVE FINANCIAL REPORT FOR THE YEAR ENDED The City Council is requested to consider the recommendation from the Audit Standing Committee to receive and file the Annual Comprehensive Financial Report. Presenter: Administrative Services Director Recommendation: 1. Annual Comprehensive Financial Report (ACFR) for the year ended June 30, 2025 (Attachment “A”); 2. Independent Auditor’s Communication to the City (Attachment “B”); 3. Independent Accountants’ Report on Applying Agreed-Upon Procedures Related to the Article XIII-B Appropriations Limit Calculation (Gann Limit) (Attachment “C”); 4. 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 (Attachment “D”); and 5. Single Audit of Federally Assisted Grant Programs (Attachment “E”).