City of Gainesville - File #: 002396

• File #: 002396
• Version: 1
• Name: General Purpose Financial Statements (B)
• Type: Staff Recommendation
• Status: Passed
• File created: 2/21/2002
• In control: Audit and Finance Committee
• Final action: 3/11/2002
• Title: The General Purpose Financial Statements, Supplemental Information and Independent Auditors' Report of the City of Gainesville, Florida for Fiscal Year Ended September 30, 2001; Financial Statements and Independent Auditors' Report on the Employees' Pension Fund of the City of Gainesville, Florida for Fiscal Year Ended September 30, 2001; 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, 2001; the Auditors' Management Letter and Single Audit Reports for Fiscal Year Ended September 30, 2001; and Management's written response (B)

Date	Ver.	Action By	Action	Result
3/11/2002	1	City Commission	Approved as Recommended	Pass
2/21/2002	0	Audit and Finance Committee

Title
The General Purpose Financial Statements, Supplemental Information and Independent Auditors' Report of the City of Gainesville, Florida for Fiscal Year Ended September 30, 2001; Financial Statements and Independent Auditors' Report on the Employees' Pension Fund of the City of Gainesville, Florida for Fiscal Year Ended September 30, 2001; 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, 2001; the Auditors' Management Letter and Single Audit Reports for Fiscal Year Ended September 30, 2001; and Management's written response (B)
Explanation
The City's independent auditors, Davis, Monk and Company and Ernst and Young 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 Fiscal Year Ended September 30, 2001;
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, 2001;
3. The 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, 2001; and
4. The Independent Auditors' Management Letter and Single Audit Reports for Fiscal Year Ended September 30, 2001.

In the independent auditors opinion, the general purpose financial statements referred to in Item 1 present fairly, in all material respects, the financial position of the City as of September 30, 2001, and the results of its operations and the cash flows of its proprietary fund types for the year then ended in conformity with generally accepted accounting principles.

In the independent auditors' opinion, the financial statements referred to in Items 2 and 3 pre...