HomeMy WebLinkAboutItem 8.1 CC Ad-hocAuditRevSubcom (2)
SUBJECT: Designation of City Council 1995
Ad-hoc Audit Review Subcommittee
~ Report Prepared by: Paul S. Rankin, Assistant City Manager
EXIllBITS ATTACHED: None
RECOMMENDATION: /"1 . ~r-/ Appoint two members of the City Council to meet with the City
.r f/\JY( Auditors to review and discuss the report for the period ending June
30, 1995.
FINANCIAL STATEMENT:
The designation of the Subcommittee has no financial impact. The
complete Audit and Financial Report will be presented to the full
City Council at a future meeting.
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DESCRIPTION: The independent auditors from the firm of Maze & Associates have
completed the work required to publish the Comprehensive Annual Financial Report for the year ending
June 30, 1995. In the past the City Council has established an ad-hoc subcommittee to review the report
with the Auditors. The subcommittee last year consisted of Mayor Houston and Councilmember Moffatt.
Typically once the subcommittee has had an opportunity to review the report and discuss any issues with
the Auditors, Staff prepares an item for action by the entire City Council at a public meeting. Once a
subcommittee is designated Staff will contact the Auditors to identify potential meeting dates and times.
Staff would recommend that two members of the City Council be designated as an ad-hoc subcommittee,
to meet with the City Auditors to review and discuss the report for the period ending June 30, 1995. .
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COPIES TO:
G\agenda\agendpsr.doc
ITEMNO.~