HomeMy WebLinkAbout115-2011RESOLUTION NO. 115-2011
ACCEPTING THE FISCAL YEAR 2010/11 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 Town Council has reviewed the draft Comprehensive Annual Financial
Report, now, therefore, be it
RESOLVED, that the Danville Town Council accepts and approves the Fiscal Year
2010/11 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, 2011, and appropriated as Transfers during Fiscal Year 2010/11:
Designations:
• $ 538,577 for Capital Improvements
• $ 750,000 for Pavement Management
• $1,250,000 for Park Facilities
APPROVED by the Danville Town Council at a regular meeting held on December 20,
2011, by the following vote:
AYES: Andersen, Arnerich, Doyle, Stepper, Storer
NOES: None
ABSTAINED: None
ABSENT: None
MAYOR
A PROVED AS TO FORM: ATTEST:
CITY ATTORNEY CITY CLE