Beaumont-Cherry Valley Water District Finance and Audit Committee Meeting Agenda And Minutes
The Committee reviewed financial reports including the check register, budget variance reports, and cash and investment balance reports. Discussions included the 2025 External Audit and Annual Comprehensive Financial Report, which received an unmodified clean opinion, and an annual disclosure of fiscal year 2025 capacity charges. The Committee also reviewed pooled investment options, the 2027 operating budget timeline, and acknowledged receipt of an Operating Budget Excellence Award.