City of Gainesville - File #: 001121

• File #: 001121
• Version: 1
• Name: The General Purpose Financial Statements (B)
• Type: Staff Recommendation
• Status: Passed
• File created: 3/16/2001
• In control: Audit and Finance Committee
• Final action: 3/26/2001
• Title: The General Purpose Financial Statements, Supplemental Information and Independent Auditors' Report of the City of Gainesville, Florida for the Fiscal Year Ended September 30, 2000; Financial Statements and Independent Auditors' Report on the Employees' Pension Fund of the City of Gainesville, Florida for Fiscal Year Ended September 30, 2000; Financial Statements and Independent Auditors' Report on the Consolidated Police Officers and Firefighters Retirement Plan of the City of Gainesville, Florida for Fiscal Year Ended September 30, 2000; the Auditors' Management Letter and Additional Elements of Report Prepared in Accordance with the Single Audit Act and Office of Management and Budget's (OMB) Circular A-133 for the Fiscal Year Ended September 30, 2000; and management's written response. (B)

Date	Ver.	Action By	Action	Result
3/26/2001	1	City Commission	Approved as Recommended	Pass
3/22/2001	0	Audit and Finance Committee	Recommended for Approval	Pass

Title
The General Purpose Financial Statements, Supplemental Information and Independent Auditors' Report of the City of Gainesville, Florida for the Fiscal Year Ended September 30, 2000; Financial Statements and Independent Auditors' Report on the Employees' Pension Fund of the City of Gainesville, Florida for Fiscal Year Ended September 30, 2000; Financial Statements and Independent Auditors' Report on the Consolidated Police Officers and Firefighters Retirement Plan of the City of Gainesville, Florida for Fiscal Year Ended September 30, 2000; the Auditors' Management Letter and Additional Elements of Report Prepared in Accordance with the Single Audit Act and Office of Management and Budget's (OMB) Circular A-133 for the Fiscal Year Ended September 30, 2000; and management's written response. (B)

Explanation
On December 15, 2000 the City's independent auditors, Davis, Monk and Company and KPMG Peat Marwick LLP, Certified Public Accountants, issued the following reports:

1. The General Purpose Financial Statements, Supplemental Information and Independent Auditors' Report of the City of Gainesville, Florida for the Fiscal Year Ended September 30, 2000;

2. The Financial Statements and Independent Auditors' Report on the Employees' Pension Fund of the City of Gainesville, Florida for Fiscal Year Ended September 30, 2000;

3. The Financial Statements and Independent Auditors' Report on the Consolidated Police Officers and Firefighters Retirement Plan of the City of Gainesville, Florida for the Fiscal Year Ended September 30, 2000; and

4. The Independent Auditors' Management Letter Comments and Additional Elements of Report Prepared in Accordance with the Provisions of the Single Audit Act and The Office of Management and Budget's (OMB) Circular A-133 for Fiscal Year Ended September 30, 2000.

In the opinion of the Independent Auditors, the general purpose financial statements referred to in item 1 above present fairly, in all material respects,...