A major win for fiscal accountability. After years of strategic reform, Richmond is no longer classified as a high-risk city by the California State Auditor. The October 2025 report highlights strong financial management, responsible governance, and a renewed commitment to community trust.
A special thank you to our city staff, whose dedication, expertise, and tireless work made this milestone possible.
To view the press release visit: 2025-10-07-Press-Release--Richmond-removed-from-high-risk-designation-by-California-State-Auditor
Read the full report: https://www.auditor.ca.gov/reports/2025-801/