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MEMORANDUM
TO: Shana Yelverton, City Manager
FROM: Sharen Elam, Director of finance
SUBJECT: Approve the Comprehensive Annual Financial Report for the period ending
September 30, 2006.
Action Requested: Approval of September 30, 2006 Comprehensive Annual Financial Report.
Background
Information: City Charter requires the City at the close of each fiscal year have an
independent audit performed by a Certified Public Accountant. Weaver and
Tidwell L.L.P., Certified Public Accountants, performed the audit for fiscal
year 2006. Shawn Parker, Partner, will present the Audit report on Tuesday
night.
Financial
Considerations: None required
Citizen Input/
Board Review: None required
Legal Review: None required
Alternatives: None
Supporting
Documents: A copy of the Annual Financial Report is included your agenda packet.
Staff
Recommendation: Approval of September 30, 2006 Comprehensive Annual Financial Report