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Peñitas City Actions: FY 2025 Audit, FY 2015‑16 Budget, and September 2026 Sandbag Distribution

Recent city records show an audit of the 2025 fiscal year, an older adopted budget, and a free sandbag program for storm preparedness.

What happened

• The City of Peñitas completed an independent audit for the fiscal year that ended on September 30, 2025, and the audit report was issued on March 27, 2026. The auditors gave a qualified opinion for governmental activities, business‑type activities and the Enterprise Fund, and an unmodified opinion for the General Fund.1
• The audit report shows that the city adopted two new Governmental Accounting Standards Board pronouncements: GASB 101 on compensated absences and GASB 102 on certain risk disclosures.1
• The city’s adopted budget for fiscal year 2015‑2016 projected total revenue of $2,750,800 and total expenditures of $2,749,085.73, leaving a projected surplus of $1,714.27. Property taxes were expected to generate $835,000 and sales taxes $690,000.2
• On September 30, 2026, the Peñitas Fire Department handed out free sandbags to residents as a preventive measure against the forecasted heavy rain.3

Who it affects

• Property‑tax revenue of $835,000 shown in the 2015‑2016 budget is funded by local homeowners, and those funds support services such as public safety ($947,240) and administration ($661,580).2
• The free sandbag distribution gives residents material to protect their homes from the expected storms, potentially reducing flood damage.3

What's not yet public

• The audit report notes that the city did not complete a full physical inventory of its capital assets, so the exact value of those assets remains unverified.1

What residents can do

• Residents could pick up the free sandbags at the fire department on September 30, 2026, as announced by the city.3