Coos Bay Urban Renewal Agency accepts clean audit for fiscal 2024–25

The City of Coos Bay Urban Renewal Agency voted to accept an external audit for fiscal year 2024–25 after ClearTrail CPAs reported a clean, unmodified opinion.

Brianna introduced the audit and said the agency engaged ClearTrail CPAs to conduct the external independent audit. Tara Camp, an auditor with ClearTrail CPAs, presented the scope and findings. "We issued an unmodified opinion that is a clean opinion with no reservations," Camp said, adding that the firm found no exceptions in the Oregon minimum standards compliance audit and issued no separate management letter.

Camp told directors the audit covered the agency's financial statements as of June 30, 2025, and included a review of compliance with Oregon minimum standards. She said the auditors encountered no difficulties and had no disagreements with management in performing the work.

After the presentation the presiding official asked for questions; none were raised. A member moved to accept the audit for fiscal years 2024 and 2025 and another member seconded. The presiding official called for voice votes; members responded "aye" and the presiding official declared the motion carried. The transcript records oral 'aye' votes but does not include a roll-call tally or identify votes by name.

Earlier in the meeting the agency also approved the consent calendar by voice vote. The meeting concluded after brief thanks and the presiding official adjourned the session.

The audit's unmodified opinion means the auditors found the Urban Renewal Agency's financial statements fairly presented in all material respects for the period examined. The agency did not request further action in the transcript and no follow-up tasks or reporting requirements were recorded in the minutes.