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20260224 LA County Lancaster City Council New Business NB 2. Fiscal Year 2024/25 Financial Audit Recommendation(s): Receive audited annual financial report for the City of Lancaster, CA, Fiscal Year ending June 30, 2025. The City of Lancaster has recently completed its annual financial audit for the fiscal year ending June 30, 2025. 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. Based on the audit, CLA expressed that the financial statements as of June 30, 2025, present fairly, in all material respects, the financial position of the City of Lancaster. In addition to the financial statements, the auditors issued an Audit Communication Letter and a Government Auditing Standards Letter. February 24, 2026 LA County Lancaster City Council New Business #2
20260224 LA County Lancaster City Council Council Report CR 1. Council Reports LANCASTER HOUSING AUTHORITY No action is required at this time. LANCASTER FINANCING AUTHORITY No action is required at this time. LANCASTER POWER AUTHORITY No action is required at this time. LANCASTER SUCCESSOR AGENCY No action is required at this time. February 24, 2026 LA County Lancaster City Council Council Report #1
20260224 LA County Lancaster City Council Consent Calendar CC 4. Monthly Reports of Investments – January 2026 Recommendation(s): Accept and approve the January 2026 Monthly Report of Investments as submitted. Each month, the Finance Department prepares a report listing the investments for all separate entities under the jurisdiction of the City as identified in the City’s Comprehensive Annual Financial Report. February 24, 2026 LA County Lancaster City Council Consent Calendar #4
20260224 LA County Lancaster City Council Consent Calendar CC 11. Adopt a resolution renewing the Lancaster Police Department’s Military Equipment Use Policy. Recommendation(s): 1. Receive Lancaster Police Department's annual military equipment use report. 2. Adopt Resolution No.____ renewing the Lancaster Police Department’s Military Equipment Use Policy. 3. Approve the purchase of equipment listed in the military equipment inventory list identified as “quantity sought” under each item inventory summary. a. (18) Geissele 5.56mm duty rifles b. (5) Pava (pepperball) projectile launchers + munitions (pepperballs) c. (500) Defense Technologies Drag Stabilized 12-Gauge Beanbag Rounds d. (2) 40mm Single Launcher and Alternative Impact Munitions Governor Newsom signed Assembly Bill 481, on September 30, 2021, which aims to regulate the financing, procurement, and utilization of "military equipment" by law enforcement agencies in California, codified in California Government Code section 7070, et seq. AB 481 is a state requirement that all agencies disclose the purchase or intent to purchase certain listed equipment available to Law Enforcement agencies from the federal government as military surplus. The Lancaster Police Department holds a community engagement meeting yearly at the Lancaster Police Department’s community room, wherein members of the public may attend to ask questions, complain, or comment on the military equipment use policy and inventory list. Additionally, members of the public are free to engage the city council during any public council meeting during the public hearing portion of each meeting. The public is not limited to commenting only at the yearly LPD community engagement meeting. The 2026 community meeting took place January 15, 2026 at 3:00pm, in the Lancaster Police Department Community Room. This is only a very basic summary of the equipment requested for purchase by the Lancaster Police Department. All of the items can February 24, 2026 LA County Lancaster City Council Consent Calendar #11