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.
End
RECOMMENDATION: Recommendation
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.
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 in the reporting phase, and the draft report has been updated based on management’s initial review. An exit conference has been held, a final draft has been provided to management, and management anticipates submitting its response by October 21, 2026.
The Contracting Practices audit is in the final stage. An exit conference has been held, a final draft has been provided to management, and management anticipates submitting its response by October 21, 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 a second scoping phase. The initial planning phase is complete, and staff anticipate moving into Phase 2 in early Q4 of Calendar Year (CY) 2026. 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 fieldwork and reporting phases, with comp...
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