Pleasant Hill audit finds city in good financial standing
An annual audit of the city of Pleasant Hill’s financial statements for the fiscal year that ended June 30 found the city in good financial standing, according to a news release. The audit by Denman & Co. produced a clean opinion with no material weaknesses. The city also did not exceed the budget in any functional areas and qualifies as a low-risk auditee. Pleasant Hill’s general obligation bond rating is Aa3, assigned by a national rating agency to the city’s debt.
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