City of Gainesville - File #: 080615.

• File #: 080615.
• Version: 1
• Name: Review of General Fund Forecasted Revenues and Other Sources of Funds for the Fiscal Year Ending September 30, 2009 (B)
• Type: Staff Recommendation
• Status: Passed
• File created: 12/4/2008
• In control: Audit, Finance and Legislative Committee
• Final action: 12/4/2008
• Title: Review of General Fund Forecasted Revenues and Other Sources of Funds for the Fiscal Year Ending September 30, 2009 (B)

Date	Ver.	Action By	Action	Result
12/4/2008	1	City Commission	Approved as Recommended	Pass
11/24/2008	0	Audit, Finance and Legislative Committee	Recommended for Approval

title
Review of General Fund Forecasted Revenues and Other Sources of Funds for the Fiscal Year Ending September 30, 2009 (B)

explanation
In accordance with Section 12(a), Budget Reviews, of Commission Resolution 970187 and our Annual Audit Plan, we have completed our review of General Fund revenue estimates as presented by the City Manager in the proposed General Government Budget for the fiscal year ending September 30, 2009.

We reviewed the forecasted General Fund Revenues and Other Sources of Funds set forth in the Fiscal Year 2008-2009 Final General Operating and Financial Plan Budget adopted by the City Commission on September 18, 2008. Our objective was to assess whether data, methods and assumptions used by the City Manager in preparing projected General Fund Revenues and Other Sources of Funds in the amount of $98,213,726 provide a reliable and reasonable basis for the forecast.

Recommendation ...