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HomeMy WebLinkAbout1022 - ACCEPTING the 2006 Comprehensive Annual Financial Report and Independent Auditor's ManagementRESOLUTION NO. 1022 A RESOLUTION ACCEPTING THE CITY OF BOULDER'S 2006 COMPREHENSIVE ANNUAL FINANCIAL REPORT AND INDEPENDENT AUDITOR'S MANAGEMENT LETTER, AND MANAGEMENT'S RESPONSES THERETO WHEREAS, Sections 12 and 105 of the Charter and Chapter 2-2-7 B.R.C., 1981, require the City Council, by resolution, to appoint an auditor, who is a certified public accountant licensed to practice in the State of Colorado and is well informed regarding govermnental accounting and auditing; and WHEREAS, the auditor is required to make a thorough and complete examination and audit of all the financial accounts of the City and report and make recommendations regazding the results of that examination; and WHEREAS, based upon review of the 2006 Comprehensive Annual Financial Report, Independent Auditor's Management Letter and managemenYs responses thereto, and discussions with City staff and McGladrey and Pullen, LLP, the City's Independent Auditor, the City Council Audit Committee recommends that City Council officially accept the: • 2006 Comprehensive Annual Financial Report, and • 2006 Independent Auditor's Management Letter, and management's responses thereto NOW THEREFORE, BE IT RESOLVED THAT THE CITY COUNCII. OF THE CITY OF BOULDER, COLORADO, HEREBY ACCEPTS THE 2006 COMPREHENSIVE ANNUAL FINANCIAL REPORT AND INDEPENDENT AUDITOR'S MANAGEMENT LETTER, AND MANAGEMENT'S RESPONSES THERETO. APPROVED this '~ day of July, 2007 A1"I'EST: ~ ~ i~~~ City Clerk on beh f f the Director of Finance and Record ~~~G~~~~ ~M~r ~~ ^ v~v