Butte County Grand Jury
• 2022-2023
• Agency Response
Administration 530.846.3631 Finance/ Utilities 530.846.5695 Public Works/ Electric 530.846.3631*
⚠️ Translation Notice: This content has been automatically translated. The original English text is the official version. Translation may contain errors.
⚠️ Este contenido ha sido traducido automáticamente. El texto original en inglés es la versión oficial. La traducción puede contener errores.
Findings and Recommendations 6 findings
F1
The City of Gridley has not posted its audited financial reports dated 6-30-20 and 6-30-21. CITY RESPONSE: Respondent agrees with finding.
Related Recommendations (1)
R1
City of Gridley to produce audited and approved financial reports for FYs ending 6/30/20 and 6/30/21 by 9/30/22.
F2
A portion of the funds in excess of the Electric Enterprise Operating Expenses are transferred annually into the City of Gridley General Fund. CITY RESPONSE: Respondent agrees with finding.
Related Recommendations (1)
R2
City of Gridley to produce audited and approved financial reports no later than 6 months after the close of each fiscal year starting with the audit dated 6/30/22.
F3
The City of Gridley audits show an accumulation of cash over the Fiscal Years 2016-2019. CITY RESPONSE: Respondent agrees with finding.
Related Recommendations (1)
R3
City of Gridley to provide a detailed plan for the allocation of unrestricted cash/investment accumulations in the cash and investment fund accounts. The plan shall itemize to which category(ies) the accumulation is allocated by 12/31/22.
F4
City officials have not identified the goal number of accumulated cash/investments. CITY RESPONSE: Respondent disagrees partially with finding. The city has a goal of 20% for the budget reserve by 2024-2025. This is a matter of public record and can be found in the City Budget Summary for the past several years. As far as other state and federal programmatic income sources, in some cases, we have established funding goals to accomplish specific policy objectives and in others, it would not be possible due to the nature of the prescriptions placed on the use of the funds.
Related Recommendations (1)
R4
City of Gridley City Council and Gridley City Administrators to make public the basis and methodology for calculating electric rates in a clear, understandable manner by 12/31/22.
F5
The City of Gridley has not provided the method or basis for the computation of the GEU rates. CITY RESPONSE: Respondent agrees with finding.
No recommendations for this finding
F6
The GEU rates per kWh are comparable to other northern California cities. CITY RESPONSE: Respondent agrees with finding. RECCOMMENDATIONS
No recommendations for this finding
* This report's PDF did not contain easily extractable text and required Optical Character Recognition (OCR) for analysis. There may be minor errors in the extracted findings and recommendations due to OCR limitations with scanned documents.