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HomeMy WebLinkAbout2/6/2013 - STAFF REPORTS - 2B .y C a 4 Ni VjkLM SA a MEMORANDUM c4<fFORN�¢ DATE: January 15, 2013 SUBJECT: PRESENTATION OF FISCAL YEAR 2011-2012 AUDIT REPORTS FROM: David H. Ready, City Manager BY: Department of Finance and Treasury The City's auditors, Lance, Soll & Lunghard, will be presenting their findings from the fiscal year 2011-2012 audit at our February 6`h City Council meeting. No action on your part is required. The following reports were completed and filed with the appropriate agencies in a timely manner and have been posted on the Finance portion of the City's website (Finance Audit Reports): • 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 • Public Financing Authority (PFA) Report • Passenger Facility Charge (PFC) Report • Appropriations Limit (Gann Limit) Worksheet letter Also, new this year in compliance with Measure J requirements: • Measure J Fund Report by Lance, Soll & Lunghard (regular City auditors) • Measure J Independent Accountant's Report by Maryanov, Madsen, Gordon & Campbell (special Measure J auditors) Please feel free to contact Geoffrey Kiehl, Director of Finance and Treasurer, at Geoffrey.Kiehl(ftalmspringsca.gov if you would like to receive a hard copy of any or all of these reports, or if you have any questions in advance of the meeting. ITEM NO. ►�! THE FISCAL YEAR 2011-12 AUDIT IS ON FILE IN THE OFFICE OF THE CITY CLERK ADDITIONALLY, IT MAY BE VEIWED AT THE CITY'S WEBSITE htttp://www.ci.palm-springs.ca.us/index.aspx?page=388 02