COMMITTEE AGENDA MEMORANDUM
Board Audit Committee
Government Code § 84308 Applies: Yes ☐ No ☒
(If “YES” Complete Attachment A - Gov. Code § 84308)
SUBJECT: title
Discuss 2026 Annual Audit Plan (Risk Assessment, Asset Management, Pacheco Reservoir Project, and Investigations Process), Receive Status of Open Board-Directed Audit Engagements, and Provide Feedback as Needed.
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RECOMMENDATION: Recommendation
A. Discuss 2026 annual audit plan (Risk Assessment, Asset Management, Pacheco Reservoir Project, and Investigations Process),
B. Receive status of open Board-directed audit engagements, and
C. Provide feedback as needed.
Body
SUMMARY:
The Board Audit Committee (BAC) has directed the initiation of seven audit engagements that remain open as of September 2026.
• The Board Policy Compliance Audit is scheduled to be presented to the BAC on November 18, 2026.
• The Contracting Practices audit is scheduled to be presented to the BAC on November 18, 2026.
• The Capital Project Delivery is in the reporting phase, with a final draft to be delivered in November 2026.
• The Asset Management audit commenced in February 2026 and is in the fieldwork phase. Staff anticipate completion in Q1 2027.
• The Investigations Process audit commenced in April 2026 with an initial planning and audit scoping phase. In November 2026, the auditor is expected to initiate audit fieldwork. Staff anticipate completion in Q2 of CY 2027.
• The Pacheco Reservoir Project audit has commenced and is in the planning phase. Staff anticipate completion in Q1 2027.
• The Districtwide Risk Assessment is in the reporting phases, with interviews continuing into November. Staff anticipate completion in Q4 of Calendar Year 2026.
The purpose of this agenda item is to discuss the 2026 Annual Audit Plan, provide status of other open audit engagements, and receive any feedback the Board deems appropriate.
ENVIRONMENTAL JUSTICE IMPACT:
There are no Environmental Justice impacts associated with this item. The Annual Audit Workplan serves as a tool for communicating audit priorities as determined by the BAC and the Board of Directors.
ATTACHMENTS:
None.
UNCLASSIFIED MANAGER:
Manager
Darin Taylor, 408-630-3068