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City of San Leandro <br />Meeting Date: January 18, 2022 <br />Staff Report <br />Agenda Section:File Number:22-033 CONSENT CALENDAR <br />Agenda Number:9.L. <br />TO:City Council <br />FROM:Fran Robustelli <br />City Manager <br />BY:Susan Hsieh <br />Finance Director <br />FINANCE REVIEW:Not Applicable <br />TITLE:Staff Report for a City of San Leandro City Council Resolution to Accept the <br />Comprehensive Annual Financial Report for the Fiscal Year Ended June 30, <br />2021 <br />SUMMARY AND RECOMMENDATIONS <br />Staff recommends that the City Council accept the Comprehensive Annual Financial Report for <br />the fiscal year ended June 30, 2021. <br />BACKGROUND <br />The City's independent auditor, Maze & Associates, completed the audit of the City's financial <br />statements and provided the auditor's reports for the fiscal year ended June 30, 2021. The <br />Finance Department prepares the City's financial statements in the form required for the <br />Comprehensive Annual Financial Report. Please note that the new acronym for the <br />Comprehensive Annual Financial Report is ACFR based on a new pronouncement issued by the <br />Government Accounting Standards Board (GASB). The Government Accounting Standards <br />Board recommends the elements for the ACFR format. The ACFR and the related financial <br />statements fully disclose the financial condition of the City and other reporting units of the City. <br />The ACFR and other compliance reports prepared for the year ending June 30, 2021 are <br />described below. <br /> <br />1. Comprehensive Annual Financial Report <br />2. Measure B Compliance Audit <br />3. Measure BB Compliance Audit <br />4. Measure F/Vehicle License Fee Compliance Audit <br />5. Report regarding Appropriations Limit Calculation for Fiscal Year 2021-2022 <br />6. Single Audit <br />7. Memorandum on Internal Control and Required Communications <br />Page 1 City of San Leandro Printed on 1/14/2022 <br />237