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Council accepts clean audit, approves $6.66M transfer to infrastructure and $613K to liability reserve
Summary
Finance Director Betsy Hopes presented a clean FY 2024-25 audit. Council accepted the audit, agreed to move $6.66 million to an infrastructure holding fund and $613,000 to a general liability internal service fund, and set April study-session dates for budget review.
The Rohnert Park City Council received the city—s annual financial audit on Jan. 13 and accepted an unqualified ("clean") opinion from the Pun Group for fiscal year 2024–25.
Finance Director Betsy Hopes summarized the audit and related reports, noting $50.66 million in revenues and $53.8 million in expenditures for FY 2024–25 and a $1.8 million decrease in general fund balance largely driven by planned transfers and assignments (including downtown…
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