HomeMy WebLinkAbout122-09
RESOLUTION NO. 122-2009
ACCEPTING THE FISCAL YEAR 2008-09 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 2008-09
audited Comprehensive Annual Financial Report as presented in the Draft Comprehensive
Annual Financial Report, and; be it further
RESOLVED, that the following amounts be designated against the General Fund as of June
30,2009, and appropriated as Transfers during Fiscal Year 2009-10:
Designations:
. $ 1,487,824 Operating Reserve
. $ 553,055 Operating Contingency
. $150,000 Compensated Absences
APPROVED by the Danville Town Council at a regular meeting held on November 17,
2009, by the following vote:
AYES:
NOES:
ABSTAINED:
ABSENT:
Arnerich, Doyle, Andersen, Stepper, Storer
None
None
None
APPROVED AS TO FORM:
~13~
CITY ATTORNEY "}
..