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