Laserfiche WebLink
:.ITY CalP REQUEST FOR COUNCIL CONSIDERATION Agenda Section 13 <br /> STAFF REPORT Report Number:96-1696WS <br /> rl U l iit5)t.:, <br /> ::����-���� Report Date: 5/2/96 <br /> . �. WORKSESSION MEETING DATE <br /> "`k May 6. 1996 <br /> � <br /> i' S <br /> e"•Parine�s�`' <br /> Item Description: Consideration of staff request to have auditors prepare the financial statements contained in <br /> the "Comprehensive Annual Financial Report" for the year ended December 31, 1995 <br /> Administrator's Review/Recommendation: 1 <br /> -No Comments to supplement this reportO /(Ylh"C. <br /> -Comments attached. <br /> Explanation/Summary(attach supplement sheets as necessary) <br /> Summary: <br /> The auditors have once again offered to prepare the financial statements needed for the annual financial report. <br /> Staff has often chosen to have the Finance Director and City Accountant participate in the preparation of the <br /> financial statements because it offered a good learning tool for better understanding of the financial statements. <br /> This year staff does not have the personnel to complete the work on a timely schedule. The auditors believe <br /> they can prepare all financial statements and stay within the quoted audit costs. If any unforeseen <br /> complications should arise the auditors have guaranteed a price cap not to exceed an additional $2,000.00. <br /> Staff believes this offer should be favorably considered. <br /> • <br /> --146-z--1-(-}_ -I: -":------r-,64-./.—cz---e-J-- . <br /> Mary E. atarek, Interim Finance Coordinator <br /> III <br />