Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Government Finance topic
No spam. Unsubscribe anytime.
Housing Authority audit receives 'unmodified' opinion; staff report corrective actions underway
Summary
A Housing Authority finance official told the council the 2024 single audit produced an unmodified (clean) opinion on financial statements and staff reported resolving five federal‑grant related findings with additional controls and training underway.
A Housing Authority finance official updated the Sacramento City Council on the 2024 single audit and the authority's corrective‑action progress. The presenter said auditors delivered an unmodified (clean) opinion on the Housing Authority's financial statements, while also identifying findings that required corrective actions.
"La auditoría desde 2024 dio lugar a un dictamen sin salvedades," the presenter said, and added that the authority had implemented measures such as record corrections, strengthened supervisory review, additional staff training and improved tracking processes. The presenter told the council that five findings related to federal grants identified in the single audit have been resolved.
Staff said finance personnel continue to manage the close‑out and reporting process and are on track to meet 2025 audit reporting deadlines. The council acknowledged the update; because this item was an informational receipt of the audit, no motion was required and the item was filed as received.
