Loading...
HomeMy WebLinkAboutMINUTES - 01172006 - C.55 (3) TO: BOARD OF SUPERVISORS '� Contra FROM: JOHN SWEETEN, County Administrator Costa DATE: JANUARY 17, 2006 oa _ _ - �s�~ SpACOU1Z� County SUBJECT: AUDITED COUNTY FINANCIAL STATEMENTS FOR �O I FISCAL YEAR ENDED JUNE 30,2005 C . SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION ' RECOMMENDATIONS: 1. RECEIVE audited Comprehensive Annual Financial Report prepared by the Auditor-Controller for the fiscal year ended June 30, 2005. 2. RECEIVE audited financial statements for the County Public Facilities Corporation and the County Public Financing Authority for the fiscal year ending June 20, 2005. BACKGROUND: The Comprehensive Annual Financial Report(CAFR) is prepared in compliance with sections 25250 and 25253 of the California Government Code. The CAFR represents the culmination of all budgeting and accounting activities engaged in by management during the year, covering all funds and account groups of the County and its financial transactions. The Report includes all the funds and account CONTINUED ON ATTACHMENT: Ery--is SIGNATURE: , E ECOMMENDATION OF COUNTY ADMINISTRATOR❑RECOMM ATION OF BOARD COMMITTEE PROVE ❑OTHER SIGNATURE(S). ACTION OF BO YON o2 APPROVED AS RECOMMENDED OTHER ❑ VOTE OF SUPERVISORS: I HEREBY CERTIFY THAT THIS IS A TRUE AND CORRECT COPY OF AN ACTION TAKEN AND UNANIMOUS(ABSENT ) ENTERED ON THE MINUTES OF THE BOARD OF AYES: NOES: SUPERVISORS ON THE DATE SHOWN. ABSENT: ABSTAIN: ATTESTED: JANUARY 24,2006 Contact: JULIE ENEA(925)335-1077 JOHN SWEETEN,CLERK OF THE BOARD OF cc: AUDITOR-CONTROLLER SUPERVISORS AND COUNTY ADMINISTRATOR COUNTY ADMINISTRATOR(Jason Crapo) By: uty Audited Financial Statements for 2004/05 January 17,2006 Page 2 y/ a- groups of the primary government, as well as all of its component units, including the Contra Costa County Public Facilities Corporation, the County of Contra Costa Public Financing Authority, the Housing Authority of Contra Costa County,the Contra Costa County Redevelopment Agency, The Contra Costa County Employees' Retirement Association and 41 County Special Districts and Service Areas. The CAFR was audited by Caporicci & Larson, Certified Public Accountants. The financial statements for the County Public Facilities Corporation and the County Public Financing Authority were prepared by Kevin Harper, Certified Public Accountants and audited by Caporicci & Larson. The auditor found that the basic financial statements present fairly, in all material respects,the financial position of the governmental and business-type activities of the agencies as of June 30, 2005, and the respective changes in financial position and cash flows,where applicable,thereof for the year then ended in conformity with generally accepted accounting principles.