Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council accepts audit and annual financial report, approves midyear budget changes and finalizes CalPERS cost‑sharing
Summary
At the March meeting councilors accepted the independent auditors’ unmodified opinion on the city’s FY2023–24 annual comprehensive financial report, approved a mid‑year budget amendment and completed the CalPERS employee cost‑sharing contract amendment following a required second reading and secret-ballot step.
The Redding City Council on Tuesday accepted the city’s Annual Comprehensive Financial Report for the year ended June 30, 2024, and related auditor communications and adopted a mid‑year budget amendment. Councilors also adopted an uncodified ordinance finalizing an amendment that requires certain unrepresented employees and elected officials to pay an increased share of the employer’s CalPERS contribution.
Finance Director Greg Robinette presented the audit highlights and said auditors CliftonLarsonAllen issued an unmodified opinion — the strongest available — on the city’s financial statements for the first year after a major accounting-system conversion. Robinette told council the city expects to receive…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
