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Board receives 2023 audit showing unqualified opinion and recognizes Mojave settlement receivable

5766245 · September 11, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The authority's auditors issued a clean (unqualified) opinion for the fiscal year ended Dec. 31, 2023; staff noted a recognized receivable from a Mojave settlement drove a reported operating surplus.

The board received the Indian Wells Valley Groundwater Authority’s independent auditors’ draft report for the fiscal year ended Dec. 31, 2023, which contained an unqualified (clean) opinion. Roberto Moreno of RGS joined by phone to summarize highlights.

Moreno told the board the audit “is a clean opinion, unqualified,” and said the authority’s extraction fund ended the…

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