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File #: 24-5501   
Type: Orange County Transportation Authority Item Status: Committee Ready - Regular Calendar
File created: 2/6/2024 In control: Finance and Administration Committee
On agenda: 11/13/2024 Final action:
Title: Fiscal Year 2023-24 Audited Financial Statements and Independent Auditor's Reports on Internal Control over Financial Reporting
Sponsors: Rima Tan, Andrew Oftelie
Attachments: 1. Transmittal, 2. Staff Report, 3. Attachment A, 4. Attachment B, 5. Attachment C, 6. Attachment D, 7. Attachment E, 8. Attachment F, 9. Attachment G

Subject

title

Fiscal Year 2023-24 Audited Financial Statements and Independent Auditor's Reports on Internal Control over Financial Reporting

overview

Overview

The Orange County Transportation Authority is required to obtain an independent auditor’s opinion on various financial statements and schedules. Crowe LLP, an independent accounting firm, has completed its annual audit of the Orange County Transportation Authority for fiscal year 2023-24. In addition, a report has been issued on the results of additional analysis performed by Crowe LLP, to assist management in determining compliance with certain state requirements.

 

In connection with the annual audit of the Orange County Transportation Authority, Crowe has issued an auditor’s report on internal control over financial reporting with no deficiencies.

recommendation

Recommendation(s)

Receive and file the fiscal year 2023-24 audited financial statements and independent auditor’s report on internal controls over financial reporting as informational items.