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Council hears update on financial corrective action plan; one audit finding remains related to cyber‑security
Summary
Finance staff told the Jan. 21 Oxnard City Council that the city's Financial Corrective Action Plan (FCAP) dates to 2013–14 and that only one audit finding remains open; council members praised progress and asked for continued reporting on the remaining cyber‑security issue.
The Oxnard City Council received an update Jan. 21 on the city’s Financial Corrective Action Plan (FCAP), a multi‑year effort to close prior audit findings. Jennifer, the city’s internal control manager, and Chief Financial Officer Javier reported that the program began after 2013–14 audits flagged more than 100 findings and that successive reforms have closed most issues.
Finance staff said there is one remaining corrective action related to treatment of sensitive data and cyber‑security; because the matter involves sensitive information the department briefs council in closed session on progress. Councilmembers praised the finance team for eliminating new findings in the last two audits, credited staff continuity and stronger internal controls, and asked for continued transparency to assure residents and rating agencies.
Why it matters: The audit history prompted concern several years ago about the city’s financial controls. Councilmembers noted that improvements are reflected in upgraded bond ratings and in two consecutive audits with no new findings, but they also requested continued attention to the remaining cyber‑security finding.
What the council requested: Councilmembers asked finance staff to continue semiannual public updates and to provide any non‑sensitive documentation that shows progress. The city attorney and IT staff will continue to brief council in closed session on details that require confidentiality.
