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City audit: Soledad receives unqualified opinion for FY 2023–24; general fund reserves remain healthy
5772539 · August 21, 2025
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Summary
Independent auditors issued a clean (unqualified) opinion on the City of Soledad’s FY 2023–24 financial statements; the audit shows a general‑fund balance of about $14.4 million, including council‑designated capital and emergency reserves.
City Finance staff presented the City of Soledad’s audited financial statements for the fiscal year ending June 30, 2024. Auditors issued an unqualified (clean) opinion and staff said the city’s reserves remain in a healthy position. Finance Director Mike Howard summarized the audit and…
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