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Independent auditor outlines Measure X financial and compliance audit for FY 2024–25
Summary
An MGO auditor told the Contra Costa County Measure X oversight committee the year‑two audit will cover 7/1/2024–6/30/2025 and include an opinion on the Measure X schedule of expenditures, an internal-control report, and any compliance findings; the auditor expects to issue an opinion by mid‑October.
MGO auditor Guyan told the Contra Costa County Measure X Community Fiscal Oversight Committee on June 9 that the year‑two audit will be a financial and compliance engagement covering the period 07/01/2024 through 06/30/2025. "It's basically a financial and compliance audit of the tax revenues derived from the Contra Costa County Measure X transactions and use of tax for the fiscal year 06/30/2025," the presenter said.
The auditor said the single report will contain several formal opinions: an opinion on the Measure X schedule of expenditures prepared under U.S. generally accepted auditing standards and government auditing standards, an independent auditors' report on…
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