HomeMy WebLinkAbout1992-01-14 - AGENDA REPORTS - ANNUAL FINANCIAL REPORT (2)CONSENT CALENDAR
AGENDA REPORT
City Manager Approval
Item to be presented;b :
Andrea Daroca
DATE: January 14, 1992
SUBJECT: June 30, 1991 Comprehensive Annual Financial Report
DEPARTMENT: Finance
Background
Annually the City of Santa Clarita has an audit performed by an independent
certified public accounting firm. Attached for your information is the City of
Santa Clarita's award winning, audited Comprehensive Annual Financial Report for
the period ended June 30, 1991. It should be noted that the report is divided
by component and gives credit to each department within the City. For easy
reference the report is organized into three major sections.
Introductory Section — Contains a letter of transmittal, which highlights
the activities during the year, the economic condition and outlook for the
future; awards presented to the City; the City officials; and the
organizational chart.
Financial Section — Contains the auditors report and all financial
statements, schedules, and notes.
Statistical Section — Contains statistical data that presents historical
trends and facts about the City.
As the report exhibits, the City of Santa Clarita has received a unqualified
opinion from the auditors.and continues to be in excellent financial condition.
A copy will be available in the City Clerk's office for review.
Recommendation
Receive and file.
gh/739
Agenda Item: