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File #: 21-669   
Type: Lossan Status: Agenda Ready - Regular Calendar
File created: 4/5/2021 In control: Board
On agenda: 4/7/2021 Final action: 4/7/2021
Title: Los Angeles - San Diego - San Luis Obispo Rail Corridor Agency Fiscal Year 2019-20 Annual Financial Audit
Sponsors: Jason Jewell
Attachments: 1. Staff Report, 2. Attachment A, 3. Attachment B, 4. Attachment C

Title

Los Angeles - San Diego - San Luis Obispo Rail Corridor Agency Fiscal Year 2019-20 Annual Financial Audit

 

Overview

The Los Angeles - San Diego - San Luis Obispo Rail Corridor Agency is required to complete an annual financial audit pursuant to Government Code Section 6505.6, and as specified in the joint powers agreement, bylaws, and the administrative support agreement.  Crowe LLP, an independent accounting firm, has completed the annual audit of the Los Angeles - San Diego - San Luis Obispo Rail Corridor Agency financial statements for fiscal year 2019-20, and has issued its independent auditors’ opinion.

 

Recommendation(s)

Receive and file the fiscal year 2019-20 Los Angeles - San Diego - San Luis Obispo Rail Corridor Agency audited annual financial statements, accompanying independent auditor’s report, and management letter.