Loading...
HomeMy WebLinkAboutMINUTES - 10281986 - 1.41 HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA TO: BOARD OF COMMISSIONERS DATE: October 21, 1986 FROM: cc: Perfecto Villarreal , Executive Director SUBJECT: ACCEPTANCE OF AUDIT REPORT I . RECOMMENDED ACTION: Accept financial audit report for the period April 1, 1985 through March 31, 1986, performed by Harn and Rowe, Sacramento, California, as recommended by the Advisory Housing Commission. II. FINANCIAL IMPACT: Funding has been provided in the Housing Authority' s Fiscal Year 1986/87 Consolidated Operating Budget for the $5,250 due the certified public accountancy firm of Harn and Rowe for performing this financial audit. III. REASONS FOR RECOMMENDATION/BACKGROUND: On March 25, 1986 the Board of Commissioners approved the certified public accountancy firm of Harn and Rowe, Sacramento, California, to perform an audit of the Housing Authority' s financial records for the period April 1, 1985 through March 31, 1986. The Housing Authrity had issued a request for proposals and Harn and Rowe, with a bid of $15,750 to perform financial audits for the fiscal years 1986, 1987 and 1988, was selected as the lowest responsible bidder. Harn and Rowe has completed their audit of the financial records of the Housing Authority of the County of Contra Costa. All financial records are in order and no findings were made. At its Regular Meeting on October 20, 1986, the Advisory Housing Commission voted to recommend acceptance of the financial audit report completed by Harn and Rowe. IV. CONSEQUENCES OF NEGATIVE ACTION: Should the Board of Commissioners elect to not accept the financial audit report as performed by the certified public accountancy firm of Harn and Rowe, it would become necessary to expend additional funds to either redo the financial audit report or contract with another certified public accountancy firm. CONTINUED ON ATTACHMENT: YES SIGNATURE: RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDA ION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S) ACTION OF BOARD ONOCT APPROVED AS RECOMMENDED OTHER' VOTE OF COMMISSIONERS ..... UNANIMOUS (ABSENT ) I HEREBY CERTIFY THAT THIS A TRUE AND AYES: NOES: CORRECT COPY OF AN ACTION TAKEN AND ABSENT: ABSTAIN: ENTERED ON THE MINUTES OF THE BOARD OF COMMISSIONERS ON THE DATE SHOWN. CC: County AdministratorATTESTED OCT 2 8 1986 County Counsel Phil Batchelor, Clerk of the Housing Authority Board of Commissioners M3e2h-99 BY (/ ��� Ag DEPUTY