HomeMy WebLinkAbout130-01RESOLUTION NO. 130-2001
ACCEPTING THE FISCAL YEAR 2000-01 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 accm'acy; and
WHEREAS, the audited financial statements have been combined with introductory and
statistical information into the To~vn'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 2000-01
audited Comprehensive Annual Financial Report; and, be it further
RESOLVED, that the following amounts be reserved against the General Fund as of June 30,
2001, and appropriated as Operating Transfers during Fiscal Year 2001-02:
· $50,000 for General Asset Replacement
· $50,000 for Library Asset Replacement
$400,000 for Capital Improvements
· $300,000 for Park Facilities
· $200,000 for Civic Facilities
· $100,000 for Additional Future Operating Costs
· $356,213 for Operating Reserve
APPROVED by the Danville Town Council at a regular meeting held on November 20, 2001,
by the following vote:
AYES:
NOES:
ABSTAINED:
ABSENT:
Doyle, Waldo, Arnerich, Shimansky
Greenberg
/ g __PPROVED AS TO FOmU:
CITY ATTORNEY (~/
CITY CLERK