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File Number: 22-033 Memorandum on Internal Control and Required Communications, and the memorandum is attached to this staff report for your review. Staff is pleased to inform the Committee that there were no findings resulted from the audit. Review by Finance Committee On Wednesday, January 12, 2022, the Finance Committee met to review the Comprehensive Annual Financial Report and other compliance reports. The Engagement Partner from Maze and Associates also attended the meeting and provided the Committee an overview about the audit process and audit results. Conclusion In summary, Maze found the general purpose financial statements present fairly the City’s financial position as of June 30, 2021. This is the highest level opinion that can be rendered by the auditors. This opinion assures that the City's financial statements are in conformity with accounting principles generally accepted in the United States and was rendered on all City funds. Other statements such as the Single Audit and Measure B/BB reports also meet the compliance requirements. The City was awarded the Certificate of Achievement for Excellence in Financial Reporting for the Fiscal Year ended June 30, 2020 by the Government Finance Officers Association of the United States and Canada (GFOA). Because of staffing transitions, the City did not apply for the GFOA award for the fiscal year 2018-2019 ACFR. The City has applied for the award for the fiscal year 2020-2021 ACFR, and staff believes it continues to meet the stringent standards of the GFOA Awards program. ATTACHMENTS TO THE RESOLUTION ·Comprehensive Annual Financial Report ·Measure B Compliance Audit ·Measure BB Compliance Audit ·Measure F/Vehicle License Fee Compliance Audit ·Report regarding Appropriations Limit Calculation for Fiscal Year 2021-2022 ·Single Audit ·Memorandum on Internal Control and Required Communications PREPARED BY Susan Hsieh, Finance Director Page 4 City of San Leandro Printed on 1/14/2022 240