HomeMy WebLinkAboutMINUTES - 11101987 - 1.7 (3) HOUSING AUTHORITY OF THE COUNTY OF.CONTRA COSTA
TO: BOARD OF COMMISSIONERS DATE: October 20, 1987
FROM:
cc:
Perfecto Villarreal , Executive Director
SUBJECT:
ACCEPTANCE OF AUDIT REPORT
I . RECOMMENDED ACTION:
ACCEPT financial audit report for the period April 1, 1986 through March 31,
1987, 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 1987/88
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 awarded a bid to Harn and Rowe, as
the lowest responsible bidder, to perform annual financial audits for the Housing
Authority of the County of Contra Costa for the years 1986, 1987 and 1988.
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. One
finding was made to review and improve our internal control over equipment. The
Housing Authority agrees with the findings and full implementation of the audit
recommendations will be made prior to the end of our current fiscal year.
At its Regular Meeting on October 19, 1987 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.
CONTjNJED ON ATTACHMENT: YES SIGNATURE: t�
RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDAT N OF BOARD COMMITTEE
APPROVE OTHER
SIGNATURES)
ACTION OF BOARD ON November 10 , 19 7 APPROVED AS RECOMMENDED X OTHER
VOTE OF COMMISSIONERS
X. L;NANIMOUS (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 Administrator ATTESTED November 10,, 198.7
County Counsel Phil Batchelor, Clerk of the
Housing Authority Board of Commissioners
M382/7-63
By DEPUTY