Red Bluff
CA

Agenda Report
1094
Adopted as Amended
Dec 18, 2018 6:00 PM

Presentation and Acceptance of the Comprehensive Annual Financial Report for the Fiscal Year Ended 6-30-18

Information

Department:FinanceSponsors:
Category:Audit

Meeting History

Dec 18, 2018 6:00 PM Audio City Council Regular Meeting

Sandy Ryan, Finance Director, provided the staff's recommendation that the City Council accept the Comprehensive Annual Financial Report (CAFR) and the Transportation Development Act Fund Financial Statements for the Fiscal Year Ended June 30, 2018.

Ms. Ryan reported that she and the Audit Committee, Mayor Jones and Councilmember Deiters, met with the external auditors (ADT) and reviewed the financial statements in detail. They are recommending that Council accept the CAFR and the TDA fund financial statements.

Ms. Ryan thanked the City's Finance Department, City Management, the Mayor, the City Manager, the Department Heads, and all staff that helped with the audit.

Rob Griffith, AGT professional services, reviewed the CAFR and stated that no single audit was required this year. A preliminary review showed no issues with the financial reports. They conducted the Transportation Development Act Audit and all was in accordance to the requirements.

Councilmember Deiters stated that it was very informative.

Sandy Ryan, Finance Director, stated that on Page 20, "$253" for new Scada Equipment was changed to "$253,000.00".

RESULT:ADOPTED AS AMENDED [UNANIMOUS]
MOVER:Daniele Eyestone, Council Member
SECONDER:Clay Parker, Council Member
AYES:Amanda Jenkins, Clay Parker, Daniele Eyestone, Kris Deiters
ABSENT:Gary Jones