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Sacramento LAFCO auditor issues clean opinion for FY 2023–24; notes one minor control deficiency
Summary
External auditor Spencer Blenda reported an unmodified (clean) opinion on Sacramento LAFCO’s fiscal year ended June 30, 2024, citing modest increases in revenue and assets, and one minor internal-control finding involving a $31 deposit-slip error. The presentation required no commission action.
Spencer Blenda, the engagement auditor for the fiscal year ended June 30, 2024, told the Sacramento Local Agency Formation Commission on Wednesday that the commission’s financial statements received an unmodified opinion and were fairly stated in accordance with U.S. generally accepted accounting principles.
Blenda said total assets increased by about $76,000 from the prior year, driven largely by higher interest earnings and project work for member districts. Revenues…
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