File #: 22-313    Version: 1 Name:
Type: Report Status: Received and Filed
File created: 8/22/2022 In control: City Council
On agenda: 9/13/2022 Final action: 9/13/2022
Title: Communication from the City Manager and Finance Director/Comptroller with a Request to RECEIVE and FILE the 2021 ANNUAL COMPREHENSIVE FINANCIAL REPORT, Audited by CLIFTONLARSONALLEN LLP.
Attachments: 1. 2021 Year End Projections, 2. Final - ACFR, 3. Final - Letter to Governance, 4. 22-313 Presentation

ACTION REQUESTED: 

Title

Communication from the City Manager and Finance Director/Comptroller with a Request to RECEIVE and FILE the 2021 ANNUAL COMPREHENSIVE FINANCIAL REPORT, Audited by CLIFTONLARSONALLEN LLP.

 

Body

BACKGROUND:  Adam Pulley, partner from CliftonLarsonAllen LLP, will be here to present a brief presentation of the City of Peoria 2021 Annual Comprehensive Financial Report. 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 Government Finance Officers Association’s (GFOA) Certificate of Achievement for Excellence in Financial Reporting. The 2021 Annual Comprehensive Financial Report has been submitted to Government Finance Officers Association for consideration of the Certificate of Achievement for Excellence in Financial Reporting. The City’s Annual Comprehensive Financial Report has received the award for the past twenty-one (21) years.

 

The audit package will be included in your Council packet.  Also included as an attachment is the final 2021 financial report similar to the monthly report Council receives.

 

FINANCIAL IMPACT:  N/A

 

NEIGHBORHOOD CONCERNS:  N/A

                     

IMPACT IF APPROVED: N/A

 

IMPACT IF DENIED:  N/A

 

ALTERNATIVES:  N/A

 

EEO CERTIFICATION NUMBER: 03412-201231

 

WHICH OF THE GOALS IDENTIFIED IN THE COUNCIL’S 2017 - 2032 STRATEGIC PLAN DOES THIS RECOMMENDATION ADVANCE?

 

1. Financially Sound City                     

 

WHICH CRITICAL SUCCESS FACTOR(S) FROM THE COMPREHENSIVE PLAN DOES THIS RECOMMENDATION IMPLEMENT?

 

1. Have an efficient government.                     

 

DEPARTMENT: Finance