Laserfiche WebLink
File Number: 13-340 <br />General Fund has advanced more than $7 million to the Shoreline Fund resulting in a <br />chronic deficit fund balance. <br />4.Support for Accounts Receivable Advance Payments (General Fund) - contracts in the <br />Engineering Department were missing that would have indicated the deposits made by <br />vendors to the City. <br />Based on these significant findings, staff has increased its efforts during fiscal year 12-13 to <br />comply with the standards identified by Maze & Associates. <br />Attached is the MOIC from the City’s external auditor which includes constructive <br />recommendations to ensure the City’s accounting function is timely , complete and accurate. <br />CONCLUSION <br />Staff recommends that the City Council accept the City’s Memorandum of Internal Control for <br />the year ended June 30, 2012. <br />ATTACHMENTS <br />·Memorandum of Internal Control for the fiscal year ended June 30, 2012 <br />PREPARED BY: David Baum, Finance Director, Finance Department <br />Page 2 City of San Leandro Printed on 6/25/2013