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San Ramon receives clean audit for FY2024-25; general fund reserves above policy
Summary
Finance Director Jennifer Wakeman and auditor Whitney Crockett reported an unmodified (clean) opinion on the City of San Ramon's FY2024-25 financial statements, general fund year-end balance of $29.1 million (about 45% of the reserve target) and an internal controls memorandum scheduled for Feb. 18.
City officials told the San Ramon City Council on Jan. 27 that the independent audit of the city's fiscal year 2024-25 financial statements resulted in an unmodified (clean) opinion and that the city's general fund reserve exceeded the policy target.
"The independent auditor has rendered an unmodified or clean opinion indicating that the City of San Ramon's financial statements for the year ended 06/30/2025 are fairly presented in conformance with generally accepted accounting standards," auditor Whitney Crockett said during the presentation.
Finance Director Jennifer Wakeman summarized key figures from the…
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