HomeMy WebLinkAbout71-17 RESOLUTION 71-17
RESOLUTION OF THE CITY COUNCIL OF THE TOWN OF LOS ALTOS HILLS
ACCEPTING THE TOWN'S ANNUAL FINANCIAL REPORTS FOR THE YEAR
ENDED JUNE 30, 2017
WHEREAS,the independent audit provides annual reports on the financial condition of the Town
in accordance with Municipal Code Section 2-3.221;
WHEREAS, the Town of Los Altos Hills contracted with the audit firm of Maze and Associates
(Maze) to conduct an audit of the Town's financial records in accordance with Governmental
Accounting Standards Board(GASB); and
WHEREAS, the Comprehensive Annual Financial Report for the year ended June 30, 2017 was
prepared in accordance with all relevant GASB pronouncement and best practices set by the
Governmental Finance Officers Association and reviewed by Maze for fair presentation and free
from material misstatement; and
WHEREAS,it is recommended that the City Council accept the Town's CAFR for the year ended
June 30, 2017, and the Appropriations Limit Report for the year ended June 30, 2017;
NOW THEREFORE, resolved by the City Council of the Town of Los Altos Hills that the
Council hereby accepts the Town's annual financial statements as prepared by Maze and
Associates.
The above and foregoing Resolution was passed and adopted by the City Council of the Town of
Los Altos Hills at a special meeting held on the 14th day of December,2017 by the following vote:
AYES: Waldeck, Radford, Corrigan, Spreen,Wu
NOES: None
ABSTAIN: None
ABSENT: None (
Gary Waldeck, Mayor
ATTEST:
Deborah Padovan, City Clerk
Resolution 71-17 Page 1