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Item 12 - Single Audit Report for the Fiscal Year Ended June 30, 2024
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Item 12 - Single Audit Report for the Fiscal Year Ended June 30, 2024
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4/9/2025 3:01:00 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
12
Date
4/15/2025
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Finance and Management Services <br />www.santa-ana.org/finance <br />Item # 12 <br />City of Santa Ana <br />20 Civic Center Plaza, Santa Ana, CA 92701 <br /> Staff Report <br />April 15, 2025 <br />TOPIC: Single Audit Report for the Fiscal Year Ended June 30, 2024 <br />AGENDA TITLE <br />Single Audit Report for the Fiscal Year Ended June 30, 2024 <br />RECOMMENDED ACTION <br />Receive and file Single Audit Report for the Fiscal Year Ended June 30, 2024. <br />GOVERNMENT CODE §84308 APPLIES: No <br />DISCUSSION <br />All non-federal entities that expend $750,000 or more of federal awards each fiscal year <br />are required to obtain a Single Audit to comply with the regulations of the Federal Office <br />of Management and Budget (OMB). The Single Audit for the fiscal year ended June 30, <br />2024 has been completed by the City’s independent auditor, CliftonLarsonAllen LLP. <br />During the fiscal year 2023-24, the City administered twenty-three (23) federal grant <br />programs and expended $119.9 million, representing an increase of $5.4 million from the <br />prior fiscal year. The increase was primarily due to additional spending of $5.9 million in <br />Section 8 Housing Choice Vouchers, $5.1 million in Highway Planning & Construction, <br />and $11.9 million in Coronavirus State and Local Fiscal Recovery, offset by decreases in <br />Community Development Block Grant, HOME Investment Partnership, and Emergency <br />Rental Assistance of $4.1 million, $6.6 million, and $5.2 million, respectively. <br />Of the twenty-three (23) programs administered by the City, the auditors identified three <br />major programs for the audit: Coronavirus State and Local Fiscal Recovery ($34.7 <br />million), Community Programs to Improve Minority Health Grant ($0.9 million), and the <br />Highway Planning and Construction ($6.7 million). <br />The Finance and Management Services Agency is pleased to report that the City received <br />an unmodified opinion commonly known as a clean opinion; which is considered the most <br />favorable conclusion for the audit. The unmodified opinion indicates that the City has <br />complied, in all material respects, with the compliance requirements for the fiscal year <br />ended June 30, 2024. Additionally, there were no findings related to the compliance <br />requirements of the three major programs selected for test work.
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