HomeMy WebLinkAbout144-2012RESOLUTION NO. 144-2012
ACCEPTING THE FISCAL YEAR 2011/12 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
2011/12 audited Comprehensive Annual Financial Report as presented and; be it
further
RESOLVED, that the following amounts be designated against the General Fund as of
June 30, 2012, and appropriated as Transfers during Fiscal Year 2012/13:
Designations:
• $1,000,000 for Pavement Management
• $ 430,284 for Park Facilities
• $ 1,056,199 to reimburse the Operating Reserve for the RPTTF payment per
Resolution 99 -2012
APPROVED by the Danville Town Council at a regular meeting held on November 20,
2012, by the following vote:
AYES: Arnerich, Storer, Doyle, Stepper
NOES: None
ABSTAINED: None
ABSENT: None
APPROVED AS TO FORM:
I
CITY ATTORNEY
ATTEST:
CITY CLERK