Recording of Citizens Financial Accountability Oversight Committee - December 2025 Meeting
Citizens Financial Accountability Oversight Committee · December 31, 2025
The Citizens Financial Accountability Oversight Committee (CFAOC) met remotely on Dec. 30, 2025. Auditors delivered an unmodified opinion on CIRM's FY2024 financial statements and the committee adopted the audit; CIRM presented its 2024–25 results and a $505 million research budget for 2025–26 and answered member questions about equity, underspent funds, and large variances.
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