Orange County Transportation Authority - File #: 25-6391

• File #: 25-6391
• Type: Orange County Transportation Authority Item
• Status: Passed
• File created: 9/22/2025
• In control: Finance and Administration Committee
• On agenda: 10/22/2025
• Final action: 10/22/2025
• Title: Investments: Compliance, Controls, and Reporting, January 1 through June 30, 2025, Internal Audit Report No. 26-502
• Sponsors: Jonathan Thompson, Janet Sutter

Date	Action By	Action	Result
10/22/2025	Finance and Administration Committee

Subject

title

Investments: Compliance, Controls, and Reporting, January 1 through June 30, 2025, Internal Audit Report No. 26-502

overview

Overview

The Internal Audit Department has completed an audit of investments for the period January 1 through June 30, 2025. Based on the audit, the Orange County Transportation Authority complied with its debt, investment, and reporting policies and procedures; however, the Internal Audit Department made one recommendation to strengthen controls to ensure all investments are reflected in monthly reports.

recommendation

Recommendation(s)

Direct staff to implement the one recommendation provided in Investments: Compliance, Controls, and Reporting, January 1 through June 30, 2025, Internal Audit Report No. 26-502.