City Council Agenda
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Memo to: |
Manteca City Council |
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From: |
Matthew Boring, Finance Director |
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Prepared by: |
Melissa Munoz, Interim Assistant Finance Director |
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Date: |
April 21, 2026 |
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Subject: |
Fiscal Year 2024-25 Transportation Development Act and Measure K Funds Non-Transit Purposes and Transit Audit Report |
Recommendation:
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Receive and file the Fiscal Year 2024-25 Transportation Development Act (TDA) and Measure K Funds Non-Transit Purposes and Transit Audit.
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Background:
The annual audit was conducted to assure the San Joaquin Council of Governments and other interested parties that the financial statements for the Transportation Development Act, Measure K, and Transit Funds were prepared in accordance with generally accepted accounting principles (GAAP), designed to safeguard against losses from unauthorized use or disposition of assets and ensure the City complied with all agreements.
The agreed-upon procedures for the reports were approved by the San Joaquin Council of Governments and LSL to assist in meeting the requirements of Section 1.5 of Article XIII-B of the California Constitution. The engagements were conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants.
The reports will be provided to San Joaquin Council of Government for their review and evaluation.
Fiscal Impact:
There is no fiscal impact associated with this item.
Documents Attached:
Attachment 1 - SJCOG Manteca TDA FS
Attachment 2 - SJCOG Manteca TDA Auditor Communication Letter