AGENDA REPORT
REQUEST FOR CITY COUNCIL ACTION
DATE: 11/20/2019
TO: Honorable Mayor and City Council Members
FROM: Administrative Services Department
SUBJECT:
Title
City Council consideration to receive and file the auditor's reports related to the Fiscal Year 2018-19 Annual Financial Audits, Auditor's Communication, Comprehensive Annual Financial Report, Development Impact Fees Annual Report, and the Annual Report on Voter Approved Debt for fiscal year ended June 30, 2019
End
RECOMMENDED ACTION:
Recommended action
That the City Council:
1. Receive and file the Auditor's Report on Agreed-Upon Procedures Applied to Appropriations Limit Worksheets for the fiscal year ended June 30, 2019.
2. Receive and file the Auditor's Report on Agreed-Upon Procedures Applied to the Investment Portfolio Report for the month ended June 30, 2019.
3. Receive and file the Auditor's Report on Internal Control over Financial Reporting and on Compliance and Other Matters based on an Audit of Financial Statements dated November 7, 2019.
4. Receive and file the Auditor's Report on Compliance with Applicable Requirement and on Internal Control over Compliance for the Housing Successor dated November 7, 2019.
5. Receive and file the transmittal of the Trip Reduction Fund Audit Report for fiscal year ended June 30, 2019.
6. Receive and file the Auditor's Communication letter to the City Council from the City's audit firm, Lance, Soll & Lunghard, LLP, dated November 7, 2019.
7. Receive and file the transmittal of the Comprehensive Annual Financial Report of the City of Corona for fiscal year ended June 30, 2019.
8. Receive and file the transmittal of the Development Impact Fees Annual Report for fiscal year ended June 30, 2019.
9. Receive and file the transmittal of the Annual Report on Voter Approved Debt for fiscal year ended June 30, 2019.
Body
ANALYSIS:
The annual audits of the financial statements of the City of Corona ("City") and its component units were com...
Click here for full text