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RTA receives clean audit for FY25; single-audit report awaiting OMB supplement
Summary
Brown Armstrong reported an unmodified opinion on Riverside Transit Agency's FY25 financial statements; the board accepted the audited statements and related communications pending OMB's issuance of the federal compliance supplement required to finalize the single-audit report.
Riverside Transit Agency staff and auditors reported an unmodified ("clean") opinion on the agency's fiscal year 2025 financial statements at the board's Nov. 20 meeting and recommended the board accept the audited statements and related communications.
Charlie Ramirez, the agency's chief financial officer, said the audit ensures the agency practices sound accounting and…
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