HomeMy Public PortalAboutAudit Standing Committee - Minutes - 2015-12-09AUDIT STANDING COMMITTEE MEETING
TEMPLE CITY, CALIFORNIA
DECEMBER 9, 2015
1. CALL TO ORDER
Chairperson Steve Curran called the Audit Standing Committee meeting to order at
9:00 a.m.
2. ROLL CALL
PRESENT: Steve Curran
Councilmember — Yu
Mayor Pro --Tem Chavez
ABSENT: None
ALSO PRESENT: City of Temple Citi
Tracey Hause, Administrative Services Director
Lee Ma, Accountant
3. PUBLIC COMMENTS — None
4. CONSENT CALENDAR —The minutes for the December 5, 2014 were approved.
5. NEW BUSINESS --
Final review of the final Draft Comprehensive Annual Financial Report (CAFR) for
the period ended June 30, 2014. The Audit Committee took action to recommend
to the City Council that they receive and file the CAFR for the period ended June
30, 2014, at their regularly scheduled meeting on December 16, 2014.
6. OTHER UPDATES FROM THE ADMINISTRATIVE SERVICES
A. Administrate Services Director Hause indicated that another meeting was
required to review the Single Audit Report as filing with Federal and State agencies
was required by March 31, 2015.
B. Administrative Services Director Hause also indicated the Audit Committee will
need to consider a one year extension of the professional services contract with
Vasquez & Company for the audit of the financial transaction for the period ending
June 30, 2015.
7. PUBLIC COMMENTS — None
8. SCHEDULE NEXT MEETING DATE -- February 6, 2015, 9:00 a.m.
Audit Standing Committee
December 9, 2014
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9. ADJOURNMENT
Audit Standing Committee Meeting was adjourned at 9:30 a.m.
A TEST:
Tracey L. H6use, Administrative Services Director