TO: Napa County Flood Control and Water Conservation District
FROM: Tracy Schulze - Auditor Controller
REPORT BY: Sarah Geiss - Supervising Staff Services Analyst
SUBJECT: Accept the Financial Audit Reports for Fiscal Year Ended June 30, 2025
RECOMMENDATION
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Accept and file the Financial Audit Report and the Single Audit Report of Federal Awards for the fiscal year ended June 30, 2025, completed by Brown Armstrong, CPAs. (No Fiscal Impact)
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BACKGROUND
Government Code Section 25250 requires that an annual financial audit of the District be prepared in accordance with generally accepted accounting principles (GAAP). In addition, any agency that received $750,000 or more in Federal Awards during the fiscal year are required to have a “single audit” completed which involves additional testing on compliance of award requirements. The audit reports will be distributed at the meeting and will be on file with the Clerk of the District Board, along with the required communications letter to the Board from the external auditor, Brown Armstrong CPAs. The audits resulted in an unqualified (clean) opinion with no management comments or recommendations.
Requested Actions:
1. Accept and file the Financial Audit Report and Single Audit Report of Federal Awards for the fiscal year ended June 30, 2025
FISCAL & STRATEGIC PLAN IMPACT
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Is there a Fiscal Impact? |
No |
ENVIRONMENTAL IMPACT
ENVIRONMENTAL DETERMINATION: The proposed action is not a project as defined by 14 California Code of Regulations 15378 (State CEQA Guidelines) and therefore CEQA is not applicable.