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City auditor issues unmodified opinion on San Ramon’s FY2023–24 financial statements; pension and OPEB liabilities noted
Summary
Independent auditors gave San Ramon an unmodified (clean) opinion for FY2023–24. City revenues beat budget in several categories; pension and OPEB liabilities rose and are described in footnotes.
Mason (Mays) & Associates presented the City of San Ramon’s annual comprehensive financial report (ACFR) for the fiscal year ended June 30, 2024, and issued an unmodified opinion on the financial statements.
The audit partner, Whitney Crockett of Mays and Associates, told the council the audit followed generally accepted auditing standards and included a June interim phase and an October final phase. The firm reported an unmodified opinion on the city’s basic financial statements and no exceptions on the agreed‑upon procedures for the appropriation limit calculation.
Key takeaways from the…
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