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San Luis Obispo receives unmodified (clean) audit for fiscal year 2024–25; two prior ERP issues reported resolved
Summary
City finance staff and auditors reported an unmodified audit opinion for FY 2024–25. Auditors noted positive fund balance trends and that two prior findings tied to Oracle ERP configuration have been addressed; a material weakness for journal entries and a prior payroll module deficiency were discussed as improved or resolved.
City finance staff and external auditors presented the Annual Comprehensive Financial Report for fiscal year 2024–25 and reported a clean (unmodified) audit opinion.
Debbie Malecote of the Finance Department told the council the audits are a multi‑month process and "I am pleased to report that the city received another unqualified or clean audit opinion," noting positive results across the general fund and four enterprise funds. Auditor Mitesh Desai (Bedawi and…
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