City auditors give Long Beach an unmodified opinion as net position deficit narrows Independent auditors told the City Council they will issue an unmodified opinion on Long Beach's FY2025 financial statements and reported no material weaknesses; staff said the city's net position deficit narrowed largely because of infrastructure investments and the general fund increased its unassigned balance.

Long Beach is on the rise, with independent auditors giving the city the highest financial assurance and reporting a significant reduction in its deficit!

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