Legislation Details

File #: 26-6857   
Type: Orange County Local Transportation Authority Item Status: Committee Ready - Consent
File created: 4/13/2026 In control: Finance and Administration Committee
On agenda: 5/21/2026 Final action:
Title: Independent Accountants' Report on Applying Agreed-Upon Procedures, City of Buena Park
Sponsors: Janet Sutter
Attachments: 1. Transmittal, 2. Staff Report, 3. Attachment A

Subject

title

Independent Accountants’ Report on Applying Agreed-Upon Procedures, City of Buena Park

overview

Overview

Crowe LLP, an independent accounting firm, has applied agreed-upon procedures related to a settlement agreement between the City of Buena Park and the Orange County Transportation Authority. Based on the procedures performed, the City of Buena Park obtained an unmodified opinion on its Annual Comprehensive Financial Report for the year ended 2025, spent sufficient funds to meet the required minimum maintenance of effort, and its Local Fair Share expenditures were allowable per the Measure M2 Ordinance. Auditors identified expenditures related to two projects that were not listed on the City of Buena Park’s Seven-Year Capital Improvement Program Report; however, a revised report was prepared during the review.

recommendation

Recommendation(s)

Receive and file as an information item.