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10-Deliberate on independent audit of the city's financial records
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10-Deliberate on independent audit of the city's financial records
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8/22/2012 3:26:36 PM
Creation date
4/9/2010 5:01:53 PM
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CITY CLERK
Doc Name
10
Doc Type
Agenda
CITY CLERK - Date
4/12/2010
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CITY COUNCIL AGENDA ITEM BRIEFING SHEET <br />Submittal Date: <br />Originaring Department: <br />Presented By: <br />Agenda Item No.: <br />04/OS/10 <br />Council Date: <br />Finance <br />Gene Anderson <br />10. <br />04/12/10 <br />RECOMMENDED MOTION: <br />Not an action item. <br />POLICY ISSUE(S): <br />Fiscal oversight. <br />BACKGROUND: <br />Section 35 of the city charter charges the Council with selecting a qualified public accountant to conduct <br />an independent audit of the city's financial records. Section 69 (4) of the charter directs the Finance <br />Director to prepare a complete financial report as of the end of each fiscal year. The attached report <br />meets the requirements of both of these sections for the fiscal year ending 9-30-2009 in that it represents <br />the Finance Director's report that has been audited by the accounting firm selected by the City Council. <br />A representative of McClanahan and Holmes, LLP will be available to answer questions. <br />BOARD/COMMISSION RECOMMENDATION: <br />N/A <br />EXHIBITS: <br />Audit. <br />ACTION: <br />BUDGET INFO: <br />E Financial Report ❑ Minute Order <br />Expense <br />$52,807 <br />❑ Department Report ❑ Resolution <br />gudgeted Amt. <br />$51,905 <br />❑ Presentation ❑ Ordinance <br />~ Public Hearing ❑ Other <br />Acct. Name <br />Auditing <br />Acct. Number <br />0605 in various departments <br />FISCAL NOTES: <br />None. <br />REVIEWED AND APPROVED BY: <br />~ Administration Z City Clerk ❑ Community Development ❑ EMS/IT ❑ Eng. Z Finance <br />❑ Fire ❑ Municipal Court ❑ Legal ❑ Library ❑ Police ❑ Public Works ❑ Utilities <br />City of Paris <br />Revised 2/04/08 <br />- C, 0 0 l E 4 3 <br />
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