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Hawaiian Gardens audit shows unmodified opinion; net position falls after RDA write-off
Summary
An independent audit for fiscal year 2025 issued an unmodified opinion Dec. 19, 2025, while the city's net position declined about $4.9 million largely from a write-off of advances to a former redevelopment agency; auditors highlighted grant-driven revenue increases and a healthy general fund reserve.
The Hawaiian Gardens City Council received the city's FY2025 annual audit on Jan. 14, 2026, in which Gruber & Lopez Inc. issued an unmodified opinion on Dec. 19, 2025, indicating the firm's highest level of assurance that the city's financial statements present fairly in all material respects.
Matt Linton, audit director with Gruber & Lopez Inc., told the council the city's net position was about $47.6 million at year-end, with roughly $31.0 million invested in capital assets and…
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