Item 5MCity of Southlake, Texas
M E M O R A N D U M
TO: Shana Yelverton, City Manager
FROM: Sharen Elam, Director of Finance
Approve the Comprehensive Annual Financial Report for the period ending
SUBJECT:
September 30, 2005.
___________________________________________________________________________
Action Requested:
Approval of September 30, 2005 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 2005. 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, 2005 Comprehensive Annual Financial Report