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HomeMy WebLinkAbout146-00 RESOLUTION NO. 146-2000 ACCEPTING THE FISCAL YEAR 1999-00 AUDITED COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE TOWN OF DANVILLE WHEREAS, the Town of Danville's independent auditor has completed its annual examination of the Town's financial statements and has issued a draft report with an unqualified opinion as to their accuracy; and WHEREAS, the audited financial statements have been combined with introductory and statistical information into the Town's Comprehensive Annual Financial Report; and WHEREAS, the Finance Committee and the Town Council have reviewed the draft Comprehensive Annual Financial Report; now, therefore, be it RESOLVED, that the Danville Town Council accepts and approves the Fiscal Year 1999-00 audited Comprehensive Annual Financial Report; and, be it further RESOLVED, that the following amounts be reserved against the General Fund as of June 30, 2000, and appropriated as Operating Transfers during Fiscal Year 1999-00: · $200,000 for General Asset Replacement · $100,000 for Library Asset Replacement · $1,012,958 for Capital Improvements · $500,000 for Park Facilities · $500,000 for Civic Facilities · $312,074 for Operating Reserve APPROVED by the Danville Town Council at a regular meeting held on November 21, 2000, by the following vote: AYES: NOES: None ABSTAINED: None ABSENT: Greenberg Doyle, Arnerich, Shimansky, Waldo MAYOR CITY ATTORNEY CITY CLERK