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2004_0614_Packet
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2004_0614_Packet
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REQUEST FOR COUNCIL ACTION <br />Date: 6/14/2004 <br />Item No: (, <br />Department ApprovaL• Manager Approved: Agenda Section: <br />� � �� �� �rts <br />Item Description: Presentation of the 2003 Annual Financial Report <br />Background <br />State Statute requires an annual presentation of the City's year-end financial report by an independent <br />auditor. The purpose is to provide a forum for which an independent report can be made directly to elected <br />officials with regard to the City's fmancial operations. A copy of the 2003 Annual Financial Report is <br />attached, along with a copy of the Auditor's Management Report. <br />A senior auditor from the firm of Kern, DeWenter, Viere, Ltd., will be present to provide an overview of <br />the Annual Report, as well as the audit process and any required disclosures. <br />Staff will be available for any follow-up questions if necessary. <br />Attachments <br />a) 2003 Financial Report <br />b) Management Report prepared by the firm of Kern, DeWenter, Viere, Ltd. <br />Council Action Requested <br />Accept the 2003 Annual Financial Report. <br />
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