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HomeMy WebLinkAbout097-2017RESOLUTION NO. 97-2017 ACCEPTING THE FISCAL YEAR 2016/17 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 Towns 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 Towns 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 2016/17 audited Comprehensive Annual Financial Report as presented; and, be it further RESOLVED, that the following amount be designated against the General Fund as of June 30, 2017, and appropriated as transfers during Fiscal Year 2016/17: • $ 2,500,000 for CIP Capital Improvement Projects Fund APPROVED by the Danville Town Council at a regular meeting held on Noyvmber 21, 2017, by the following vote: j AYES: Arnerich, Blackwell, Morgan, NOES: None ABSTAINED: None ABSENT: None APPROVED AS TO FORM: CITY ATTORNEY h , ATTEST: CITY CLFJfiK