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Pacific Grove receives unmodified FY 2023–24 audit; reserves above 35%

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Summary

City auditors delivered an unmodified opinion on the FY 2023–24 financial statements, reported no internal-control recommendations, and noted the city meets its 35% reserve policy; council received the audit reports.

The Pacific Grove City Council received the annual audit and comprehensive financial reports for fiscal year 2023–24 after auditors issued an unmodified opinion and identified no recommendations for internal control improvements.

Jeff Marsh, the presenter for the audit, told the council the…

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