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The Audit Committee reviewed Foster City’s draft annual financial reports for the year ended June 30, 2025 and moved them forward after hearing the auditor’s overview and committee questions.
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The committee heard presentations on Foster City’s draft financial reporting, including the annual comprehensive financial report and reports tied to Measure A, Measure W, and the city’s spending limit. The auditor and Assistant Finance Director answered questions from committee members, and the committee approved the reports by a 3-0-0 roll call vote. The committee also assigned Chair Falgoon Desai and Member Vijay Dodd to prepare a written annual report on the committee’s 2025 accomplishments for City Council.
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