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HomeMy WebLinkAbout2016-064-08/16/2016-ACKNOWLEDGING RECEIPT OF THE CITY'S 2015 AUDITED COMPREHENSIVE ANNUAL FINANCIAL REPORT AND FEDERAL C RESOLUTION 2016-064 OF THE COUNCIL OF THE CITY OF FORT COLLINS ACKNOWLEDGING RECEIPT OF THE CITY'S 2015 AUDITED COMPREHENSIVE ANNUAL FINANCIAL REPORT AND FEDERAL COMPLIANCE AUDIT REPORT PREPARED BY RSM US LLP, AN INDEPENDENT PUBLIC ACCOUNTING FIRM WHEREAS, Article II, Section 17 of the City Charter requires the City Council to provide for an independent audit of all the City's financial books and accounts to be conducted at least once annually by a certified public accountant; and. WHEREAS, the City contracted with the independent certified public accounting firm of RSM US LLP ("RSM") to conduct this audit for the City's 2015 fiscal year; and WHEREAS, RSM has completed its independent audit of the City's 2015 financial records and has delivered to the City's Financial Officer its Comprehensive Annual Financial Report 2015 and Federal Compliance Audit Report for 2015, both of which are on file with the City Clerk (jointly, the "2015 Audited Financial Reports"); and WHEREAS, Article 11, Section 17 also required that a summary of the 2015 Audited Financial Reports be published once in the manner provided fora legal notice within five months after the end of the City's 2015 fiscal year, which summary was so published in the Coloradoan on May 31, 2016. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That the City Council hereby makes any and all determinations and findings contained in the recitals set forth above. Section 2. That the City Council hereby acknowledges the City's receipt of the 2015 Audited Financial Reports provided by RSM. Passed and adopted at a regular meeting of the Council of the City of Fort Collins this 16th day of August, A.D. 2016. ::Mayor ATTEST: . 'o City Clerk ' -1-