COSTAMESA (ORANGE COUNTY)local legislationAgenda Ready

Costa Mesa Annual Financial Audit and Housing Report (2025)

Original title: CITY OF COSTA MESA, COSTA MESA FINANCE AUTHORITY, AND COSTA MESA HOUSING AUTHORITY AUDITED FINANCIAL STATEMENTS, AND HOUSING SUCCESSOR ANNUAL REPORT FOR THE PERIOD ENDING JUNE 30, 2025

March 17, 2026

finance housing audits government-transparency

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The Frame

What this does

This report provides the official accounting of city funds and housing assets, which determines the city's financial standing and compliance with state housing reporting requirements for the 2025 fiscal year.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Costa Mesa Residents

Residents are affected by the transparency and management of city funds and housing assets detailed in these reports.

City Council

The Council is responsible for reviewing and accepting these financial reports as part of their oversight duties.

What changed

Last recorded activity March 17, 2026.

What's next

Next step not available in the current record.

Summary

This document presents the for the City of Costa Mesa, the Costa Mesa Finance Authority, and the Costa Mesa Housing Authority for the fiscal year ending June 30, 2025. It also includes the required annual report for the city's role as a .

Key Facts

The report covers the fiscal period ending June 30, 2025.
The document includes audited financial statements for the City of Costa Mesa.
The document includes audited financial statements for the Costa Mesa Finance Authority.
The document includes audited financial statements for the Costa Mesa Housing Authority.
The document includes the Housing Successor Annual Report.
The item is filed under reference number 25-623.
The report is scheduled for review by the City Council and Housing Authority.

Frequently Asked Questions

What is a housing successor?

A is the local agency designated to manage the housing assets and functions previously held by a redevelopment agency.

What does an audited financial statement show?

It provides an independent verification of the city's financial records, ensuring that the reported income, expenses, and assets are accurate and follow accounting standards.