TO: Mayor Collins and Town Council Members
FROM: Kevin Burke, Town Manager
Dawn Marie Buckland, Director of Administration & Govt Affairs
Christine Covell-Granberg, Sr. Financial Analyst
DATE: November 30, 2015
DEPARTMENT: Administration and Government Affairs Department
Staff Contact Dawn Marie Buckland, Director of Administration & Government Affairs
End
AGENDA TITLE:
Title
FY15 Comprehensive Annual Financial Report (CAFR) and associated financial reports.
Body
Council Goals or Statutory Requirements:
Develop a long term sustainable budget
Develop and advance a Capital Improvement Program
Prioritize public engagement and transparency
RECOMMENDATION:
Recommendation
Adopt Resolution Number 1342 and Receive and file the FY15 Comprehensive Annual Financial Report (CAFR) and associated financial reports.
Background
SUMMARY STATEMENT:
The accounting firm of CliftonLarsonAllen LLP conducted the annual financial audit and concluded the Town’s financial statements present fairly in all material respects, the financial positions of the governmental activities, each major fund, and the aggregate remaining fund information for the Town of Paradise Valley.
BUDGETARY IMPACT:
None
ATTACHMENT(S):
FY15 CAFR, financial reports, and Management letters
Resolution