Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Los Banos council orders limited PBID audit, requires annual reviews and contingency for deeper probe
Summary
The Los Banos City Council voted Nov. 5 to commission a scaled financial audit of the downtown PBID covering FY 20232024 and FY 20242025 with partial testing of 20222023 and required annual audits going forward.
The Los Banos City Council on Nov. 5 voted to commission a targeted financial audit of the downtown Property and Business Improvement District while avoiding a larger, six-year request-for-proposals process unless the scaled review turns up material issues.
City finance staff recommended a middle option presented by Price Page & Company: a higher-assurance audit covering fiscal years 20232024 and 20242025 with partial testing of 20222023, estimated at $28,500. Finance Director Moreno told the council the smaller engagement keeps…
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
