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HomeMy WebLinkAbout2/1/2012 - STAFF REPORTS - 1A �OQ V.A LM sp9 iy c u in RN�P CITY COUNCIL STAFF REPORT Cq<IFO DATE: February 1, 2012 CONSENT CALENDAR SUBJECT: PRESENTATION OF FISCAL YEAR 2010-2011 AUDIT REPORTS FROM: David H. Ready, City Manager BY: Department of Finance and Treasury SUMMARY The City's auditors, Lance, Soll & Lunghard, will be presenting their findings from the fiscal year 2010-2011 audit during the Presentation portion of the February 1, 2012 City Council meeting. No action on your part is required. The following reports, which were completed and filed with the appropriate agencies in a timely manner, are on file in the office of the City Clerk for review and inspection and have also been posted on the Finance portion of the City's website: • Comprehensive Annual Financial Report (CAFR) including Independent Auditor's Report transmittal letter to the City Council • Letter to the Audit Committee of the City Council on the Auditor's Responsibility per OMB Circular A-133 • Management Letters for the City and the Community Redevelopment Agency • Public Financing Authority (PFA) Report • Passenger Facility Charge (PFC) Report • Appropriations Limit (Gann Limit) Worksheet letter • Community Redevelopment Agency Annual Financial Report • Annual Report of the Community Redevelopment Agency Financial Transactions • Housing and Community Development Report • Blight Progress Report • Loan Report identifying defaulted loans (CRA receivables) of$50,000 or more • Property Report describing properties owned by the CRA • Term limit for eminent domain • Community Redevelopment Agency fiscal statement RECOMMENDATION: Receive and file. Geoffr6yvS. Kiehl, David H. Ready Director of Finance and Treasurer City Manager ITEM NO. `�^