HomeMy WebLinkAboutAGENDA REPORT 2001 0321 CC REG ITEM 11FITEM
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MOORPARK CITY COUNCIL — -- --
AGENDA REPORT
TO: Honorable City Council
FROM: Dana Shigley, Administrative Services Dir t
DATE: March 12, 2001 (meeting of March 21, 2001)
SUBJECT: CONSIDER THE FISCAL YEAR 1999/2000 ANNUAL FINANCIAL
STATEMENTS, SINGLE AUDIT REPORT AND MANAGEMENT REPORT
BACKGROUND
The City is required to conduct an annual independent audit of
its financial statements. In addition to the general purpose
audit, the city is also required to conduct an independent
"single audit" that focuses on federal pass- through funds and a
"management report" which addresses internal procedures.
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For the second year, the audit firm of Vavrinek, Trine, Day &
Co., has conducted the annual audit and prepared the necessary
financial statements. These reports have been provided to the
City Council under separate cover and are available to the
public on request.
STAFF RECOMMENDATION
Receive and file the City's annual financial statements for the
year ended June 30, 2000.