&,7<2)6811<9$/(
,QGHSHQGHQW$FFRXQWDQW¶V5HSRUW
RQ$SSO\LQJ$JUHHG8SRQ3URFHGXUHV5HODWHGWR
)LVFDO$GPLQLVWUDWLRQRI3XEOLF)XQGV
)RUWKH3HULRGIURP2FWREHUWKURXJK
'HFHPEHUDQGRQ0DUFK
Attachment 4
www.mgocpa.com
Macias Gini & O’Connell LLP
2121 N. California Boulevard, Suite 750
Walnut Creek, CA 94596
,QGHSHQGHQW$FFRXQWDQW¶V5HSRUW
2Q$SSO\LQJ$JUHHG8SRQ3URFHGXUHV5HODWHGWR
)LVFDO$GPLQLVWUDWLRQRI3XEOLF)XQGV
+RQRUDEOH0D\RUDQG0HPEHUV
RIWKH&LW\&RXQFLO
6XQQ\YDOH&DOLIRUQLD
:HKDYHSHUIRUPHGWKHSURFHGXUHVHQXPHUDWHGEHORZRQWKHILVFDODGPLQLVWUDWLRQRISXEOLFIXQGVRIWKH &LW\RI6XQQ\YDOH&DOLIRUQLD
&LW\
IRUWKHSHULRGIURP2FWREHUWKURXJK'HFHPEHUDQG RQ0DUFK7KH&LW\¶VPDQDJHPHQWLVUHVSRQVLEOHIRUWKHILVFDODGPLQLVWUDWLRQRISXEOLFIXQGVIRU WKHSHULRGIURP2FWREHUWKURXJK'HFHPEHUDQGRQ0DUFK
7KH &LW\ KDV DJUHHG WR DQG DFNQRZOHGJHG WKDW WKH SURFHGXUHV SHUIRUPHG DUH DSSURSULDWH WR PHHW WKH LQWHQGHG SXUSRVH RI DVVLVWLQJ WKH &LW\ LQ HYDOXDWLQJ LWV FXVWRG\ DQG FRQWURO RI WKH &LW\¶V SXEOLF IXQGV SXUVXDQWWR$UWLFOH;,,,)LVFDO$GPLQLVWUDWLRQ6HFWLRQ,QGHSHQGHQW$XGLWRIWKH&LW\&KDUWHU7KLV UHSRUWPD\QRWEHVXLWDEOHIRUDQ\RWKHUSXUSRVH7KHSURFHGXUHVSHUIRUPHGPD\QRWDGGUHVVDOOWKHLWHPV RILQWHUHVWWRDXVHURIWKLVUHSRUWDQGPD\QRWPHHWWKHQHHGVRIDOOXVHUVRIWKLVUHSRUWDQGDVVXFKXVHUV DUHUHVSRQVLEOHIRUGHWHUPLQLQJZKHWKHUWKHSURFHGXUHVSHUIRUPHGDUHDSSURSULDWHIRUWKHLUSXUSRVHV
6&23(
$WWKHUHTXHVWRIPDQDJHPHQWRIWKH&LW\¶V'HSDUWPHQWRI)LQDQFHZHDSSOLHGWKHDJUHHGXSRQSURFHGXUHV WRWKHIROORZLQJDUHDV
x 6XQQ\YDOH3XEOLF/LEUDU\
/LEUDU\
&DVK5HJLVWHU
x 6XQQ\YDOH&RPPXQLW\&HQWHU±2SHQ*\P
2SHQ*\P
&DVK5HJLVWHU
x *DVDQG'LHVHO5HFRQFLOLDWLRQ±3ROLFLHVDQG3URFHGXUHV
352&('85(6
7KHSURFHGXUHVDQGDVVRFLDWHGILQGLQJVDUHDVIROORZV
Sunnyvale Public Library Cash Register
:HSHUIRUPHGDVXUSULVHFDVKFRXQWDWWKH/LEUDU\RQ0DUFK
:HREVHUYHGWKHFDVKFRXQWIRUWKH/LEUDU\¶VFDVKUHJLVWHUDQGDJUHHGWKHFDVKDPRXQWWRWKHWRWDORI WKHVWDUWXSIXQGVDQGWKHEDODQFHUHSRUWHGRQWKHFDVKUHJLVWHUUHSRUW
)LQGLQJ
1RH[FHSWLRQVZHUHIRXQGDVDUHVXOWRIDSSO\LQJWKHSURFHGXUH
:HREVHUYHGWKHFDVKFRXQWIRUWKHFKDQJHIXQGVLQWKHVDIHDQGDJUHHGWKHWRWDOFRXQWIRUWKHFKDQJH IXQGVWRWKHUHFRQFLOHGDPRXQWSURYLGHGE\WKH&LW\
)LQGLQJ
1RH[FHSWLRQVZHUHIRXQGDVDUHVXOWRIDSSO\LQJWKHSURFHGXUH
Attachment 4
:HUHYLHZHGWKHFDVKUHFHLSWUHFRQFLOLDWLRQIRUWKHSUHYLRXVGD\DQGFRPSDUHGWKHFDVKUHFHLSWVWRWKH FRUUHVSRQGLQJGHSRVLWVOLSVIRUHDFKUHJLVWHU
)LQGLQJ
1RH[FHSWLRQVZHUHIRXQGDVDUHVXOWRIDSSO\LQJWKHSURFHGXUH
:HFRPSDUHGWKHWRWDOFDVKFRXQWIRUWKHVWDUWXSIXQGVDQGWKHFKDQJHIXQGVLQWKHVDIHWRWKHDPRXQW UHSRUWHGLQWKH&LW\¶VJHQHUDOOHGJHU
)LQGLQJ
1RH[FHSWLRQVZHUHIRXQGDVDUHVXOWRIDSSO\LQJWKHSURFHGXUH
Sunnyvale Community Center – Open Gym Cash Register
:HSHUIRUPHGDVXUSULVHFDVKFRXQWDWWKH2SHQ*\PRQ0DUFK
:HREVHUYHGWKHFDVKFRXQWIRUWKH2SHQ*\P¶VFDVKUHJLVWHUDQGDJUHHGWKHFDVKDPRXQWWRWKHWRWDO RIWKHVWDUWXSIXQGVDQGWKHEDODQFHUHSRUWHGRQWKHFDVKUHJLVWHUUHSRUW
)LQGLQJ
1RH[FHSWLRQVZHUHIRXQGDVDUHVXOWRIDSSO\LQJWKHSURFHGXUH
:HREVHUYHGWKHFDVKFRXQWIRUWKHFKDQJHIXQGVLQWKHVDIHDQGDJUHHGWKHWRWDOFRXQWIRUWKHFKDQJH IXQGVWRWKHUHFRQFLOHGDPRXQWSURYLGHGE\WKH&LW\
)LQGLQJ
1RH[FHSWLRQVZHUHIRXQGDVDUHVXOWRIDSSO\LQJWKHSURFHGXUH
:HUHYLHZHGWKHFDVKUHFHLSWUHFRQFLOLDWLRQIRUWKHSUHYLRXVGD\DQGFRPSDUHGWKHFDVKUHFHLSWVWRWKH FRUUHVSRQGLQJGHSRVLWVOLSVIRUHDFKUHJLVWHU
)LQGLQJ
1RH[FHSWLRQVZHUHIRXQGDVDUHVXOWRIDSSO\LQJWKHSURFHGXUH
:HFRPSDUHGWKHWRWDOFDVKFRXQWIRUWKHVWDUWXSIXQGVDQGWKHFKDQJHIXQGVLQWKHVDIHWRWKHDPRXQW UHSRUWHGLQWKH&LW\¶VJHQHUDOOHGJHU
)LQGLQJ
1RH[FHSWLRQVZHUHIRXQGDVDUHVXOWRIDSSO\LQJWKHSURFHGXUH Sunnyvale Gas and Diesel Reconciliation – Policies and Procedures
)RUWKH&LW\¶VJDVDQGGLHVHOUHFRQFLOLDWLRQZHSHUIRUPHGWKHIROORZLQJSURFHGXUHV
:HREWDLQHGWKHJDVDQGGLHVHOPHDVXUHPHQWUHSRUWVDW2FWREHUDQG'HFHPEHU
)LQGLQJ
1RH[FHSWLRQVZHUHIRXQGDVDUHVXOWRIDSSO\LQJWKHSURFHGXUH
:HREWDLQHGWKHWRWDOJDVDQGGLHVHOSXUFKDVHVSHU&LW\¶VUHFRUGIRUWKHSHULRGIURP2FWREHU WR'HFHPEHU
)LQGLQJ
1RH[FHSWLRQVZHUHIRXQGDVDUHVXOWRIDSSO\LQJWKHSURFHGXUH
:H REWDLQHG WKH GDLO\ JDV DQG GLHVHO XVDJH UHSRUWV IRU WKH SHULRG IURP 2FWREHU WR 'HFHPEHU
)LQGLQJ
1RH[FHSWLRQVZHUHIRXQGDVDUHVXOWRIDSSO\LQJWKHSURFHGXUH
Attachment 4
:HFRPSDUHGWKHJDVDQGGLHVHOSHUJDVDQGGLHVHOPHDVXUHPHQWUHSRUWVDW'HFHPEHUWRWKH HVWLPDWHGHQGLQJJDVDQGGLHVHOFDOFXODWHGEDVHGRQJDVDQGGLHVHOSHUJDVDQGGLHVHOPHDVXUHPHQW UHSRUWVDW2FWREHUDQGJDVDQGGLHVHOSXUFKDVHVDQGXVDJHSHU&LW\¶VUHFRUGIRUWKHSHULRGIURP 2FWREHUWR'HFHPEHUDQGUHSRUWHGDQ\YDULDQFHLGHQWLILHG
)LQGLQJ
%HORZLVDVXPPDU\RIWKHJDVDQGGLHVHODFWLYLWLHV
LQJDOORQV
'HVFULS WLRQ * DV 'LHVHO
$PRXQWS HUPHDVXUHPHQWUHS RUWDW'HFHPE HU
$PRXQWSHUPHDVXUHPHQWUHSRUWDW2FWREHU
3XUFKDVHVIURP2FWREHUWR'HFHPEHUSHU &LW\
V UHFRUG
8VDJHIURP2FWREHUWR'HFHPEHUSHUGDLO\ XV DJHUHSRUW
( VWLP DWHG HQG LQJDP RXQWDW'HFHP E HU
'LIIHUHQFHE HWZ HHQPHDVXUHPHQWUHS RUWDQG HVWLPDWHG HQGLQJDPRXQWDW'HFHPEHU
7KH &LW\¶V VWDII LQGLFDWHG WKDW WKH GLIIHUHQFH LV PDLQO\ GXH WR PDQXDO LVVXDQFH RI JDV DQG GLHVHO DW UHPRWHVLWHVWKDWDUHQRWLQFOXGHGLQWKHGDLO\JDVDQGGLHVHOXVDJHUHSRUW
5HFRPPHQGDWLRQ
7KH&LW\VKRXOGGHYHORSSURFHGXUHVWRWUDFNWKHPDQXDOLVVXDQFHRIJDVDQGGLHVHO WRHQVXUHSURSHUVDIHJXDUGLQJRIDVVHWVDQGWRHQVXUHDQDFFXUDWHDQGUHOLDEOHUHFRUGRIIXHOOHYHOVDUH PDLQWDLQHG
&LW\¶V5HVSRQVH
0DQDJHPHQWEHOLHYHVWKHGLVFUHSDQF\LVUHODWHGWRIXHOSXUFKDVHDQGFRQVXPSWLRQ IRU UHPRWH VLWHV DQG ZLOO LPSOHPHQW SURFHGXUHV WR WUDFN LQYHQWRU\ DQG XVDJH DW WKRVH VLWHV DV DSSURSULDWH2QFHLPSOHPHQWHGPDQDJHPHQWZLOOYHULI\WKDWWKHGLVFUHSDQF\KDVEHHQDGGUHVVHGDQG DOVRIROORZXSZLWKDQDGGLWLRQDODJUHHGXSRQSURFHGXUHVHQJDJHPHQWZLWKLQWKHQH[WWZRILVFDO\HDUV
:H ZHUH HQJDJHG E\ WKH &LW\ WR SHUIRUP WKLV DJUHHGXSRQ SURFHGXUHV HQJDJHPHQW DQG FRQGXFWHG RXU HQJDJHPHQW LQ DFFRUGDQFH ZLWK DWWHVWDWLRQ VWDQGDUGV HVWDEOLVKHG E\ WKH $PHULFDQ ,QVWLWXWH RI &HUWLILHG 3XEOLF$FFRXQWDQWV:HZHUHQRWHQJDJHGWRDQGGLGQRWFRQGXFWDQH[DPLQDWLRQRUUHYLHZWKHREMHFWLYH RIZK LFKZR XOG EH WK HH [S UHVV LRQ RIDQ RS LQLR QR UF R QFOXV LRQ UHVSHFWLYHO\WKHILVFDODGPLQLVWUDWLRQRI SXEOLF IXQGVIRUWKH SHULRG IURP 2FWREHU WKURXJK 'HFHPEHU DQG RQ 0DUFK $FFRUGLQJO\ZHGRQRWH[SUHVVVXFKDQRSLQLRQRUFRQFOXVLRQ+DGZHSHUIRUPHGDGGLWLRQDOSURFHGXUHV RWKHUPDWWHUVPLJKWKDYHFRPHWRRXUDWWHQWLRQWKDWZRXOGKDYHEHHQUHSRUWHGWR\RX
:HDUHUHTXLUHGWREHLQGHSHQGHQWRIWKH&LW\DQGWRPHHWRXURWKHUHWKLFDOUHVSRQVLELOLWLHVLQDFFRUGDQFH ZLWKWKHUHOHYDQWHWKLFDOUHTXLUHPHQWVUHODWHGWRRXUDJUHHGXSRQSURFHGXUHVHQJDJHPHQW
7KLV UHSRUW LV LQWHQGHG VROHO\ IRU WKH LQIRUPDWLRQ DQG XVH RI 0D\RU &LW\ &RXQFLO DQG WKH &LW\¶V PDQDJHPHQWDQGLVQRWLQWHQGHGWREHDQGVKRXOGQRWEHXVHGE\DQ\RQHRWKHUWKDQWKHVHVSHFLILHGSDUWLHV 7KLVUHSRUWLVDPDWWHURISXEOLFUHFRUGDQGWKLVGRHVQRWOLPLWWKHGLVWULEXWLRQRIWKLVUHSRUW
:DOQXW&UHHN&DOLIRUQLD
-DQXDU\
Attachment 4