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Measure K audit gets clean opinion; oversight committee asks staff to note reserves and non‑enumerated projects

Measure K Oversight Committee, Pleasant Hill City · March 25, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Pleasant Hill’s Measure K oversight committee heard a clean audit for the fiscal year ending June 30, 2025, and approved a subcommittee report to council with edits that add a table of earmarks/reserves and note that the pond/fountain and police roof projects were not specifically enumerated in Measure K.

John Waller, a senior manager at auditing firm MGO, told the Measure K Oversight Committee on Feb. 28 that MGO issued an unmodified (clean) opinion on the Measure K fund financial statements for the year ending June 30, 2025. "We issued an unmodified opinion on the financial statements," Waller said, adding an emphasis-of-matter that the audit covers only the Measure K fund and not the city’s overall finances.

The presentation summarized key expenditures and transfers: roughly $470,000 for library maintenance and operations (including extended library hours), current-year expenditures near $3,000,000, and about $2.5 million in annual debt-service payments tied to the library loan. Waller said transfers out of the Measure K fund during the year totaled about $3,300,000 and that those transfers tied to council-authorized projects are shown in…

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