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Solano County audit wins unqualified opinion; net position rises $67.3M and ARPA spending reported
Summary
County auditors delivered an unqualified (clean) opinion on Solano County's FY 2023-24 financial reports. Staff highlighted a $67.3 million increase in net position, $26.5 million in ARPA spending during the fiscal year, and recommended internal-control improvements.
County financial staff told the Board of Supervisors that independent auditors issued an unqualified (clean) opinion on Solano County's Annual Comprehensive Financial Report for the fiscal year ended June 30, 2024.
Janine Harris, chief deputy auditor-controller, presented highlights and said, “We did receive an unqualified or a clean opinion on our audit this year.” Harris told the board the county's governmental activities net position increased by $67,300,000 and staff reported $26,500,000 of ARPA spending in fiscal year 2023-24. She also summarized the report to management, which included seven observations and recommendations related to internal controls.
During board questions, Supervisor Wanda Williams asked about a recommendation on capital asset transactions and year-end closing procedures. Harris said the item related to equipment that had not been placed into service by June 30; staff are developing procedures to ensure such items are properly classified and reviewed going forward.
The board accepted the package of reports and agreed to return for the single-audit presentation at a future meeting. No audit exceptions requiring corrective board action were reported in the independent auditor's communication.
