Laserfiche WebLink
File Number: 18-276 <br />was $51.7 million at fiscal year ending June 30, 2017, an increase of $3.2 million from <br />the prior fiscal year. <br /> <br />The City has once again received an unmodified "clean" opinion, which is the highest level of <br />assurance that can be rendered by the auditors. This opinion assures that the City's financial <br />statements are in conformity with accounting principles generally accepted in the United States <br />and has been rendered on all of the City's funds, including the Successor Agency to the <br />Redevelopment Agency of the City of San Leandro. <br /> <br />The City Council should note that the City was awarded the Certificate of Achievement for <br />Excellence in Financial Reporting for the fiscal year ended June 30, 2016 by the Government <br />Finance Officers Association of the United States and Canada (GFOA). Fiscal Year 2016-17’s <br />CAFR has been submitted to GFOA for the award and staff believes it continues to meet the <br />stringent standards of the GFOA Awards program. <br /> <br />Staff recommends that the City Council accept the Comprehensive Annual Financial Report <br />(CAFR) for fiscal year ended June 30, 2017. <br />ATTACHMENT(S) <br />None <br />PREPARED BY: David Baum, Finance Director, Finance Department <br />Page 3 City of San Leandro Printed on 6/12/2018 <br />455