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San Diego posts clean FY2024 audit; council accepts comprehensive financial report 9–0
Summary
Crowe LLP issued an unmodified opinion on the City of San Diego's FY2024 Annual Comprehensive Financial Report; the council accepted the report unanimously and staff highlighted fund balances and reserves across general, water and sewer funds.
City finance staff and outside auditor Crowe LLP presented the City of San Diego’s FY2024 Annual Comprehensive Financial Report (ACFR) Feb. 24; Crowe issued an unmodified (clean) opinion and reported no significant deficiencies or material weaknesses in internal controls.
Jeff Peel, assistant director with the Department of Finance, reviewed the ACFR’s purpose and highlighted key fund balances: the Consolidated General Fund ended with a…
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