City Council Special Meeting - 8/10/2026

The City Council of Oxnard held a special meeting on August 10, 2026, primarily to review and approve the 2025 single audit report and the fiscal year 2024-2025 Annual Comprehensive Financial Report (ACFR). The meeting featured a detailed presentation by the external auditor, Linda Hurley of Macias, Ginny, and O'Connell LLP, who provided an unmodified (clean) opinion on the city's financial statements, indicating no material misstatements or significant deficiencies. The audit covered government-wide financials, governmental and enterprise funds, and federal program compliance, including the American Rescue Plan funds. The auditors discussed delays in the audit process due to it being a first-year audit for the firm, a reevaluation triggered by a qui tam lawsuit, and challenges with the city's new payroll system. The council also discussed prior audit findings, ongoing compliance efforts, and upcoming Governmental Accounting Standards Board (GASB) pronouncements. Public comments addressed concerns about seawall infrastructure funding and transparency. The council unanimously approved the audit reports and warrants register. The meeting included discussions about potential recovery related to the lawsuit and clarified that the city treasurer was not a party to the lawsuit.