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Buellton council reviews ACFR, staff says city remains in 'solid financial position'
Summary
City finance staff presented the Annual Comprehensive Financial Report for fiscal 2023–24; auditors gave a clean opinion and staff said key revenue streams such as transient occupancy tax have stabilized above pre‑pandemic levels.
The City of Buellton reviewed and accepted the annual comprehensive financial report (ACFR) for the fiscal year that ended June 30, 2024, with staff and auditors reporting a favorable audit opinion and steady revenue performance.
Finance Director Chanel Zamora told the council the independent auditors "expressed an opinion that the city's financial statements for fiscal year ending 06/30/2024 are fairly stated in conformity with GAAP." She summarized the report by saying, "The City of Buellton is in solid financial…
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