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Resolution accepting the Single Audit Report for Fiscal Year 2023-24.
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WHEREAS, the Federal regulations mandate that any local agency expending $750,000 or more combined in a fiscal year, either directly or indirectly, is subject to a separate audit on those programs; and
WHEREAS, the City of South San Francisco has reached this threshold in fiscal year 2023-24;
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WHEREAS, the City’s independent auditor conducted the Single Audit as of year ended June 30, 2024; and
WHEREAS, the auditor has issued the Single Audit report with an unmodified opinion.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of South San Francisco hereby accepts the results of the attached Single Audit report and its attachments.
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