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Oxnard council accepts audited financial report; narrowly approves warrant‑register option after debate on payroll transparency
Summary
The Oxnard City Council on March 18 ratified the FY 2023–24 Annual Comprehensive Financial Report after the city's external auditors issued an unmodified opinion, and thereafter approved, by a 6‑1 vote, the staff recommendation to present payroll warrants as part of the audited ACFR rather than through separate monthly ratification.
The Oxnard City Council on March 18 ratified the City of Oxnard’s Fiscal Year (FY) 2023–24 Annual Comprehensive Financial Report (ACFR) following an auditor presentation that issued a clean opinion. The council later voted separately, 6‑1, to accept a staff recommendation that payroll warrants be considered as part of the audited ACFR rather than be ratified monthly before the council.
Auditor Brandon Farrell of E.D. & Payne told the council that the firm issued an unmodified (clean) audit opinion for FY 2023–24 and described the audit as risk‑based. “It is our opinion … that the financial statements are presented fairly in accordance with U.S. GAAP,” Farrell said during a live presentation to council. Farrell summarized key matters for the record, including two non‑material…
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