HomeMy WebLinkAboutItem 8.1 AdHocAuditRevCommitt AGENDA STATEMENT
CITY COUNCIL MEETING DATE:
CITY CLERK
File # 310-60 & 110-30
/I
October 16, 2001
SUBJECT:
Designation by City Council for an Ad Hoc Audit Review
Committee
Report Prepared by: Carole A. Perry, Administrative Services
Director
ATTACHMENTS:
None
RECOMMENDATION: ,,,/Appoint two members of the City Council to meet with the City
/~,/~ Au~litors to review and discuss the report for the period ending June
· ~ 30, 2001.
FINANCIAL STATEMENT:
Designation of a Committee has no financial impact. The complete
Audit and Financial Report will be presented to the full City Council
at a future meeting.
DESCRIPTION: The independent auditors from the finn of Vavrinek, Trine, Day and Company
anticipate, that in the next few weeks, they will complete all of the work required to publish the
Comprehensive Annual Financial Report for the year ending June 30, 2001. In the past, the City Council
has established an Ad Hoc Committee to review the report with the Auditors. The Committee last year
consisted of Mayor Houston and Councilmember Zika.
In the past, Staff prepares an item for action by the entire City Council at a public meeting, after the
Committee has had an opportunity to review the report and discuss any issues with the Auditors. Once the
Committee is designated, Staffwill coordinate'potential meeting dates and times with the Auditors.
It is recommended that the City Council designate that two members serve on the Ad Hoc Committee and
meet with the City Auditors to review and discuss the report for the period ending June 30, 2001.
COPIES TO:
ITEM NO. _~
F/AdHocAuditComm - agendastmt.doc