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File #: 25-6391   
Type: Orange County Transportation Authority Item Status: Committee Ready - Consent
File created: 9/22/2025 In control: Finance and Administration Committee
On agenda: 10/22/2025 Final action:
Title: Investments: Compliance, Controls, and Reporting, January 1 through June 30, 2025, Internal Audit Report No. 26-502
Sponsors: Jonathan Thompson, Janet Sutter
Attachments: 1. Transmittal, 2. Staff Report, 3. Attachment A

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.