HomeMy WebLinkAboutItem 8.5 CCAdHocAuditReview (2)
CITY CLERK
File # Drïlr7l[72]-c;$l[Q]
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AGENDA STATEMENT
CITY COUNCIL MEETING DATE: (October 6, 1998)
SUBJECT;
Designation of City Council 1998
Ad-hoc Audit Review Subcommittee
@¡¿ Report Prepared by; Paul S. Rankin, Assistant City Manager
EXHIBITS ATTACHED;
None
RECOMMENDATION;
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Appoint two members of the City Council to meet with the City
Auditors to review and discuss the report for the period ending June
30, 1998.
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 Vavrinek, Trine, Day &
Co., anticipate completion in the next few weeks, of the work required to publish the Comprehensive
ADnual Financial Report for the year ending June 30, 1998. 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 Lockhart.
In the past, Staff prepares an item for action by the entire City Council at a public meeting, after the
subcommittee has had an opportunity to review the report and discuss any issues with the Auditors,. Once
a subcommittee is designated Staff will coordinate potential meeting dates and times with the Auditors.
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., 1998.
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COPIES TO:
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