LEGISLATIVE ACTION ITEM
SPONSOR: D.C. Reeves, Mayor
SUBJECT:
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FY 2022 CITY OF PENSACOLA ANNUAL COMPREHENSIVE FINANCIAL REPORT end
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RECOMMENDATION:
recommendation
That City Council accept the City of Pensacola Annual Comprehensive Financial Report for the year ended September 30, 2022 as prepared by the Financial Services Department and the Independent Auditors Report issued thereupon.
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HEARING REQUIRED: No Hearing Required
SUMMARY:
At the end of each fiscal year, the City’s Financial Services Department prepares an Annual Comprehensive Financial Report as required by Section 11.45 of the Florida Statues.
PRIOR ACTION:
April 13, 2023 - This item was withdrawn from the agenda to be moved to the April the 27th, 2023 meeting.
FUNDING:
Budget: $ 105,000
Actual: $ 99,625
FINANCIAL IMPACT:
Each fiscal year the cost of an independent audit is included in the City Council’s budget.
LEGAL REVIEW ONLY BY CITY ATTORNEY: Yes
4/4/2023
STAFF CONTACT:
Kerrith Fiddler, City Administrator
Amy Lovoy, Finance Director
ATTACHMENTS:
1) FY 22 Annual Comprehensive Financial Report
2) FY 22 Audit SAS 114 Letter
PRESENTATION: Yes end