| 20260217 |
Orange County |
Tustin |
City Council |
Item |
4.
FISCAL YEAR 2024-2025 AUDIT REPORTS The financial statement audit
for the 2024-2025 fiscal year has been completed by Davis Farr LLP, an
independent Certified Public Accountant firm. The audit received an
"unmodified", or clean opinion from the auditors indicating that the City’s
financial statements for the fiscal year are presented fairly. Davis Farr LLP
discussed the results of the audit with the Audit Commission on January
22, 2026.
Recommendation: It is recommended that the City Council receive and file
the fiscal year 2024-2025 audit reports.Fiscal Impact: The total contractual
cost of the annual audit with Davis Farr LLP is $46,240 and has been
incorporated in the current year budget. Of this amount, $9,248 is charged
to the Water Enterprise Fund, and $36,992 is charged to the General
Fund. |
February 17, 2026
Orange County
Tustin
City Council
Item
#4
|