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HomeMy WebLinkAbout2/21/2018 - STAFF REPORTS - 1.Q. FpALMs pQi c u W �109111 Cq��FORN�P City Council Staff Report DATE: February 21, 2018 CONSENT CALENDAR SUBJECT: PRESENTATION OF FISCAL YEAR 2016-17 AUDIT REPORTS FROM: David H. Ready, City Manager BY: Geoffrey S. Kiehl, Director of Finance and Treasurer SUMMARY The City's Comprehensive Annual Financial Report (CAFR) for fiscal year 2016-17 was completed and the reports were posted on the City's website last December. The City's auditors, Lance, Soil & Lunghard, will be presenting their findings from the fiscal year 2016-17 audit at tonight's City Council meeting under the Presentations section of the agenda. The following reports were completed and filed with the appropriate agencies in a timely manner and were posted on the City's website at the link Department of Finance and Treasury/Comprehensive Annual Financial Report under the Finance Department page titled, 'Comprehensive Annual Financial Report': • Comprehensive Annual Financial Report (CAFR) including Independent Auditor's Report transmittal letter to the City Council • Audit Communication letter to the City Council • Internal Control and Compliance letter to the City Council • Passenger Facility Charge (PFC) Report • Appropriations Limit (Gann Limit) Worksheet letter • Housing Successor Audit Communication letter to the City Council • Measure J Fund Report by Lance, Soil & Lunghard (regular City auditors) • Measure J Independent Accountant's Report by Maryanov, Madsen, Gordon & Campbell (special Measure J auditors) RECOMMENDATION Receive and file. David H. Ready, Esq., Rb.D. " Geoffrey S. Kiehl City Manager Director of Finance and Treasurer ITEM NO.,_„I, Q.