The Ross Valley Sanitary District (RVSD) board has officially accepted the fiscal year 2023-2024 financial audit and the popular annual financial report during their meeting on December 18, 2024. The external auditor, John Cropper, presented a clean audit opinion, indicating a strong financial position for the district, with a reported balance of over $14 million after accounting for receivables and payables.

Cropper highlighted key areas of the audit, including long-term debt and capital assets, which are crucial for understanding the district's financial health. The board expressed confidence in their financial standing, especially as they prepare to refinance bonds, anticipating favorable evaluations from rating agencies.

In addition to the audit, the board reviewed the popular annual financial report (PAFR), a condensed and visually engaging summary of the district's financial information. This marks the second consecutive year the RVSD has produced the PAFR, which aims to make financial data more accessible to the public. The report is expected to receive recognition from the Government Finance Officers Association (GFOA) for its clarity and presentation.

The board members praised the design of the report, noting its effectiveness in communicating financial information to stakeholders without a finance background. The meeting concluded with unanimous approval of both financial documents, reinforcing the district's commitment to transparency and fiscal responsibility.