Review 2012 Comprehensive Annual Financial Report (CAFR), Management Report and Special Purpose Audit Reports

The city's 2012 annual report has been completed.  Aaron Nielsen from the auditing firm of MMKR will be present to review the 2012 Comprehensive Annual Financial Report (CAFR), Management Report that provides auditors comments on audit process and the Special Purpose Audit Reports on the Single Audit that is required due to the city receiving an excess of $500,000 in grant funds in a calendar year (parking ramp expansion).

Mr. Nielsen will also be making a brief presentation of the audit report at the regularly scheduled council meeting.

The receipt of the 2012 CAFR and the request for submittal of the CAFR to the Governmental Finance Officers Association for the Certificate of Achievement in Financial Reporting (upon approval, it will be the 19th consecutive year) has been placed on the consent agenda of tonight's meeting.

Auditing services are funded under the finance department's budget.

Presentation of the CAFR, Management Report and Special Purpose Audit Report: Single Audit by the City's auditing firm - MMKR.