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El Segundo receives FY2023‑24 financial report; external audit issues clean opinion

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Summary

City officials presented the annual comprehensive financial report for the fiscal year ending June 30, 2024, reporting a $5,643,857 increase in net position; the city's external audit by Clifton Larson Allen received an unmodified (clean) opinion and the council received and filed both reports.

Chief Financial Officer Paul Chung presented the City of El Segundo's annual comprehensive financial report for the fiscal year ending June 30, 2024. The report showed the city's net…

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