Audit-related budget adjustment of $111,523.25
Summary
Wasco is in strong shape financially — about $25.6 million in general fund reserves, well above the 35% policy minimum. The council added $406,224 to the current-year budget, mostly from higher sales tax and Measure X projections, but Reyna pushed hard on recession worries and asked everyone to plan cautiously.
At a glance
- Total mentions
- 4
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 15, 2026.
Impact analysis
Adds $406,224 to the current-year budget, including about $86,000 in new spending.
Residents benefit from a well-funded city that can keep services running without cutting back.
No one was identified as harmed; the delay in implementing prior-year accounting standards points to past staffing gaps.
Mentions & discussions (4)
City Council - Sep 15, 2026
The city added $10,000 to its LSL LLP audit contract (now $70,000) because the FY2024-25 audit turned up complex issues — pension accounting, lease standards that should have been implemented years earlier. Staff is racing to deliver roughly 100 items to the auditors to keep the delayed audit on schedule.
City Council - Sep 1, 2026
The council moved $111,523 into this year's budget to cover audit bills that arrived later than expected — not new spending, just timing.
City Council - Apr 30, 2026
The city is roughly 60 days behind on its annual audit after turnover in the finance department, but outside accounting help and new hires are getting it back on track. Council supported filling a long-vacant accounting supervisor position.
City Council - Apr 21, 2026
Wasco is in strong shape financially — about $25.6 million in general fund reserves, well above the 35% policy minimum. The council added $406,224 to the current-year budget, mostly from higher sales tax and Measure X projections, but Reyna pushed hard on recession worries and asked everyone to plan cautiously.
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