ACTION REQUESTED:
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Communication from the City Manager and Finance Director/Comptroller with a REQUEST to RECEIVE and FILE the 2015 COMPREHENSIVE ANNUAL FINANCIAL REPORT (CAFR) by RSM US LLP.
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BACKGROUND: RSM US LLP delivered the 2015 Comprehensive Annual Report (CAFR) to the City on October 21, 2016. The report continues to include all component units as required by accounting principles generally accepted in the United States.
We believe this report meets the requirements for the Governmental Finance Officers Association’s (GFOA) Certificate of Achievement for Excellence in Financial Reporting. The 2015 CAFR has been submitted to the Government Finance Officers Association for consideration for the Certificate of Achievement for Excellence in Financial Reporting. The City’s Comprehensive Annual Financial Report has received the award for the past fifteen (15) years.
Heidi Hobkirk, a partner from RSM US LLP will be here to present a brief presentation of the report.
Please bring the audit package delivered to you on October 25, 2016.
FINANCIAL IMPACT: N/A
NEIGHBORHOOD CONCERNS: N/A
IMPACT IF APPROVED: N/A
IMPACT IF DENIED: N/A
ALTERNATIVES: N/A
EEO CERTIFICATION NUMBER: 00809-161231
WHICH OF THE GOALS IDENTIFIED IN THE COUNCIL’S 2014 - 2029 STRATEGIC PLAN DOES THIS RECOMMENDATION ADVANCE?
1. Financially Sound City Government, Effective City Organization
WHICH CRITICAL SUCCESS FACTOR(S) FROM THE COMPREHENSIVE PLAN DOES THIS RECOMMENDATION IMPLEMENT?
1. Have an efficient government.
DEPARTMENT: Finance