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Oxnard turf battle over internal financial controls continues at council meeting

Oxnard turf battle over internal financial controls continues at council meeting

By George Miller City Council, staff, the Treasurer and external auditor fought it out on whether Treasury has the right and responsibility to vet City disbursements of funds. Ref: 10-10-17 Oxnard City Council meeting agenda item C: C. APPOINTMENT ITEMS (5:00 PM)   Finance Department 1. SUBJECT: Independent Accountant’s Report on Applying Agreed-Upon Procedures (10/10/20) RECOMMENDATION: That […]

Oxnard activist accountant challenges city management, auditor, CFO, on financial controls

Oxnard activist accountant challenges city management, auditor, CFO,  on financial controls

By Lawrence Paul Stein   Mr. Assistant City Manager Nava: .I am a degreed accountant with over 25 years of experience, but not a CPA. I am also a former candidate for Oxnard City Treasurer who lost the 2016 election by 400 votes (of over 40,000 votes cast) to a more qualified candidate. One of […]

Clarification of status of state review of Oxnard audit

Clarification of status of state review of Oxnard audit

By George Miller Recently, CitizensJournal.us published an Oxnard press release about the status of a review of Oxnard’s auditor’s process employed on Oxnard’s 2015/16 audit. Some people interpreted that as a clean bill of health for Oxnard’s audit (incorrect). Others interpreted it as an endorsement that the audit methodology was followed correctly (not completely true). That is […]

Oxnard Council: water rate increase stopped (again), audit results presented– and more

Oxnard Council: water rate increase stopped (again), audit results presented– and more

By George Miller At the 7-19-116 Oxnard City Council meeting, a second attempt at a water rate increase was stopped, at least for another three months, the long-awaited audit results were presented six months late, a million dollar remediation settlement for water damage was  approved, a $600,000+ pipeline will be built to deliver recycled water […]

Oxnard audit presented

Oxnard audit presented

Auditor: Oxnard has worst municipal financial records- EVAH!

Auditor: Oxnard has worst municipal financial records- EVAH!

By George Miller Oxnard has worst municipal books- EVAH! This is paraphrased, but was pretty much the opinion of not only Eadie + Payne, Oxnard’s auditors, but also CFO Dave Millican, City Manager Greg Nyhoff and multiple members of the public. Roughly $200 million in net unfavorable adjustments were made, 138 by City staff and still […]

Oxnard accounting meltdown starting to solidify, covered at Fiscal Policy meeting (video included)

Oxnard accounting meltdown starting to solidify, covered at Fiscal Policy meeting (video included)

By George Miller At the 3-9-16 Fiscal Policy Task Force meeting, we received the current audit status and internal audit plan status and were treated to a lively discussion. Audit Status Summary Audit still not complete, potentially inviting more state action, Controller’s audit, breaking bond covenants, affecting credit rating Several outside firms engaged to help with […]

Oxnard’s auditor pulls out, fiscal policy task force meets

Oxnard’s auditor pulls out, fiscal policy task force meets

By George Miller City struggles with still unfinished, badly overdue 2014-15 financial audit Yes, Eadie + Payne, the City of Oxnard’s auditor, pulled out its staff two weeks ago, per Asst. City Manager Maria Hurtado. No, they didn’t quit, but until the Finance Dept. gives them more information to work with, they see no point in […]