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Investment advisory services are offered through CliftonLarsonAllen Wealth Advisors, LLC, an SEC-registered investment advisor.
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Jean Marie Dietrich, CPA
Principal
April 28, 2026
City of Glendale, Arizona 
Audit for the Fiscal Year Ended 
June 30, 2025

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What is an Audit?
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Examine and verify 
management’s 
assertion, provide 
opinions
Includes findings & 
recommendations
Auditors evaluate risk
Auditors work for and 
should communicate 
results to the governing 
board (City Council)

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The Reporting Package
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1. Communication to Governance
2. Annual Comprehensive Financial Report (ACFR) – Includes audit opinions
3. Single Audit Report (including the Government Auditing Standards Report and the Report on 
Major Federal Programs and the Schedule of Federal Expenditures)
4. Highway User Revenue Report
5. Annual Expenditure Limitation Report
6. HUD Real Estate Assessment Report
7. Landfill Assurance Agreed Upon Procedures

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Governance Communication
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Overview of audit and required communications:
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Accounting Policies

GASB Statement No. 101 – Compensated Absences
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Accounting Estimates – none with higher uncertainty risk
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No difficulties encountered
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No material audit adjustments
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One passed adjustment – Restatement for Implementation of 
GASB Statement No. 101
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No unusual transactions identified
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No disagreements with management
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No significant issues discussed with management
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Annual Comprehensive Financial Report 
(ACFR)
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Components of the ACFR
• Basic financial statements (audit opinions on governmental and business-type activities, 
each major fund [8], and aggregate remaining )
• Combining and individual fund financial statements and schedules (“in-relation-to” opinion)
• Financial data submission schedules (“in-relation-to” opinion)
• Required supplementary information, statistical section, and introductory section 
(Disclaimer)
We rendered an Unmodified (“Clean”) Opinions on the Financial 
Statements

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Major Programs Tested
Total Federal Expenditures: 
$51,531,474
Percent Tested: 80%
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Section 8 Housing Voucher Cluster– 
Assistance Listing No. 14.871
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Total Federal Expenditures: 
$16,848,760
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COVID-19 Coronavirus State and Local 
Fiscal Recovery Funds– Assistance 
Listing No. 21.027
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Total Federal Expenditures: 
$24,129,021
Single Audit Results at a Glance
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Government Auditing 
Standards
Uniform Guidance
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No material weaknesses or 
significant deficiencies in 
internal control over financial 
reporting
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Unmodified (“clean” opinion)
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No material weaknesses or 
significant deficiencies
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No matters of noncompliance 
with laws or regulations
Single Audit Results at a Glance 
(Continued)
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Highway User Revenue Fund Compliance
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Examination report to determine compliance as to whether 
expenditures from Highway User Revenue Fund monies 
were spent pursuant to Arizona Revised Statutes Title 28, 
Chapter 18, Article 2.
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Audit approach
o Selected a sample of accounts payable disbursements, 
payroll disbursements, and transfers to determine 
compliance with A.R.S.
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Findings
o None noted
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Annual Expenditure Limitation Report
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Voter Approved Alternative Expenditure Limitation:  
$765,293,000
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Amount Subject to Limitation:  $525,571,000
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City was well within expenditure limitation, presented in 
accordance with the Uniform Expenditure Reporting System
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Agreed Upon Procedures
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Test specific attributes outlined in the agreed upon 
procedures
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Landfill Assurance
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HUD REAC Assessment
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Issued a clean opinion, no findings
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©2022 CliftonLarsonAllen LLP. Investment advisory services are offered through CliftonLarsonAllen Wealth Advisors, LLC, an SEC-registered investment advisor.
 CLA (CliftonLarsonAllen LLP) is an independent network member of CLA Global. 
See CLAglobal.com/disclaimer. 
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CPAs  |  CONSULTANTS  |  WEALTH ADVISORS
©2025 CliftonLarsonAllen LLP. CLA (CliftonLarsonAllen LLP) is an independent network member of CLA Global. See CLAglobal.com/disclaimer.
Investment advisory services are offered through CliftonLarsonAllen Wealth Advisors, LLC, an SEC-registered investment advisor. 
Thank You!
Jean Marie Dietrich, CPA
Principal
Jean.Dietrich@claconnect.com
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