PHWA 5-18-2026

The City of Port Hueneme held a Water Agency meeting on May 18, 2026. The meeting included approval of the agenda and consent calendar items, which featured an amendment for additional engineering support services related to a reservoir project and a change order. The agency's fiscal year 2025 audit was presented by the contracted auditor, Albert, who reported that the financial statements were fairly presented in accordance with GAAP, with no significant audit findings or fraud risks identified. Key financial highlights included total net position of approximately $12.97 million, operating revenues of about $7.48 million, and operating expenses around $7.5 million, primarily for water purchases. The audit also noted a slight decrease in net position compared to the prior year, attributed to increased liabilities. No procurement-specific votes or new contract awards were reported during the meeting.