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Auditor gives Sunnyvale clean opinion on FY2023–24 financials; auditors and staff flag large water‑purchase/billing discrepancy
Summary
External auditors presented an unmodified opinion on Sunnyvale’s fiscal‑year 2023–24 annual comprehensive financial report, noting healthy fund balances and recommending award renewal for financial reporting. Councilors questioned a roughly 200 million‑gallon difference between purchased and billed water; staff said public works will investigate.
The Sunnyvale Town Council heard a presentation on March 10 of the town’s Annual Comprehensive Financial Report for the fiscal year ending Sept. 30, 2024, and received an unmodified (clean) auditor’s opinion from Pattillo, Brown & Hill. Auditors said the town’s unassigned general‑fund balance was about $4.8 million (roughly 33% of yearly expenditures) and the utility fund showed unrestricted equity of about $9.2 million.
Chris Pruitt, an audit…
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