City of Coral Gables

File #: 18-7198    Version: 1 Name:
Type: Resolution Status: Agenda Ready
File created: 3/19/2018 In control: City Commission
On agenda: 3/27/2018 Final action:
Enactment date: Enactment #:
Title: A Resolution accepting the Comprehensive Annual Financial Report, Compliance Reports, and Management Letter, for the fiscal year ended September 30, 2017 by RSM US LLP, Certified Public Accountants. (Financial Statements and Reports are in draft form until receipt of the audited Financial Statements of the City of Coral Gables Retirement System).
Attachments: 1. Agenda Item - Presentation of CAFR 2017, 2. Resolution Accepting CAFR 2017, 3. DRAFT CAFR 9-30-2017, 4. City of Coral Gables Management Letter Draft, 5. City of Coral Gables - Compliance Draft

Title

A Resolution accepting the Comprehensive Annual Financial Report, Compliance Reports, and Management Letter, for the fiscal year ended September 30, 2017 by RSM US LLP, Certified Public Accountants. (Financial Statements and Reports are in draft form until receipt of the audited Financial Statements of the City of Coral Gables Retirement System).

Body

The City’s external auditing firm of RSM US, LLP is in the process of completing the audit of the City’s Comprehensive Annual Financial Report, Compliance Reports and Management Letter for the Fiscal Year ended September 30, 2017.

 

Attached to this agenda is a draft of the financial statements which are not expected to change.  The draft financials were presented to the Budget/Audit Advisory Board on March 21, 2018 by the external auditors and all of their questions were addressed. 

 

It is expected that the report will be finalized and issued prior to the Commission meeting date and the bound copies would be provided at that time.