TO: Mayor and Members of City Council
THRU: Douglas J. Hewett, ICMA-CM, City Manager
FROM: Jeffrey Yates, Assistant City Manager
Jody Picarella, CPA, MBA, Chief Financial Officer
DATE: August 7, 2023
RE:
Title
Report by PBMares of the Audit and Financial Results for the Year Ended June 30, 2022, and Results of the 2021 Pension Census Data Attestation
end
COUNCIL DISTRICT(S):
Council District(s)
All
b
Relationship To Strategic Plan:
GOAL V: Financially Sound City Providing Exemplary City Services
Objective A: Ensure strong financial management with fiduciary accountability and plan for future resource sustainability by aligning resources with City priorities.
Executive Summary:
The City’s audit firm, PBMares, will present the report on their audit and financial results for the fiscal year ended June 30, 2022, and the results of the 2021 Pension Census Data Attestation.
Background:
The City Council's audit firm, PBMares, has completed their audit for the fiscal year ended June 30, 2022, and the 2021 Pension Census Data Attestation. Mr. Robbie Bittner, CPA, MBA, partner in PBMares, will present the auditor’s report and financial results. The report and attestation results were presented to and approved by the Audit Committee on August 07, 2023.
A copy of the audited financial report and attestation results will be made available to Council during the meeting.
Issues/Analysis:
Please refer to the FYE 2022 ACFR for a detailed accounting of the City's financial activity for the fiscal year ended June 30, 2022, and the presentation for summary information.
Budget Impact:
There is no budget impact. This item is for information only.
Options:
1. Receive the report.
2. Do not receive the report.
Recommended Action:
Receive the report.
Attachments:
1. PowerPoint Presentation of the City’s Financial Results for the Fiscal Year Ended June 30, 2022
2. Required Communications by the Auditor to the City Council