RESOLUTION NO. ______
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EAST PALO ALTO ACCEPTING THE ANNUAL FINANCIAL REPORTS: ANNUAL COMPREHENSIVE FINANCIAL REPORT (“ACFR”); AND THE SINGLE AUDIT, MEASURE A, MEASURE
C, MEASURE HH, AND MEASURE W FUND REPORTS FOR THE FISCAL YEAR ENDED JUNE 30, 2022; AND THE REPORT ON AGREED-UPON PROCEDURES
APPLIED TO THE APPROPRIATIONS LIMIT SCHEDULE FOR FISCAL YEAR ENDING JUNE 30, 2023
WHEREAS, local government agencies are required by law to undertake an independent audit of the annual financial statements, and California Government Code Section 53891 requires each local agency to provide an annual report of financial transactions to the State Controller’s Office containing data from audited financial statements prepared in accordance with generally accepted accounting principles; and WHEREAS, the City of East Palo Alto (“City”) engaged the firm of Badawi and Associates as the City’s independent auditor; and
WHEREAS, the annual financial audit for fiscal year ended June 30, 2022 was conducted in accordance with auditing standards generally accepted in the United States and the standards applicable to financial audits contained in Government Auditing Standards issued by the Controller of the United States and/or other procedures were conducted in accordance with applicable attestation standards established by the American Institute of Certified Public Accountants and/or agreed-upon procedures, as applicable; and
WHEREAS, the City received auditor opinions as applicable on related auditor financial reports indicating such reports are fairly stated, in material respects, in conformance with the applicable standards for the ACFR, Single Audit, Measure A, Measure C, Measure HH, and Measure W reports; and that no opinion is required or issued for the Report on Agreed-upon Procedures Applied to the Appropriations Limit Schedule as such report is solely for Council and management information and use.
NOW, THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF EAST PALO ALTO hereby accepts the Annual Financial Reports, including the Annual Comprehensive Financial Report (“ACFR”), the Single Audit, Measure A, Measure C, Measure HH, and Measure W Fund Reports for the Fiscal Year ended June 30, 2022, and the Report on Agreed-Upon Procedures Applied to Appropriations Limit Schedule for Fiscal Year Ending June 30, 2023.
PASSED AND ADOPTED this 17th day of January 2023, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
Lisa Gauthier, Mayor
ATTEST: APPROVED AS TO FORM:
James Colin, City Clerk John Le, City Attorney