City of Gainesville - File #: 170330.

• File #: 170330.
• Version: 2
• Type: Staff Recommendation
• Status: Passed
• File created: 8/24/2017
• In control: Audit and Finance Committee
• On agenda: 9/21/2017
• Final action: 9/5/2017
• Title: City of Gainesville Fiscal Year 2016 Individual Annual Audited Financial Statements and Independent Auditors' Reports for the Wild Spaces Public Places Funds, Community Redevelopment Agency Funds, Employee’s Pension Fund, Police Officers and Firefighters Retirement Plan and the Other Postemployment Benefits Fund (B)

Date	Ver.	Action By	Action	Result
9/21/2017	2	City Commission	Approved as Recommended	Pass
9/5/2017	1	Audit and Finance Committee	Approved as Recommended

Title
City of Gainesville Fiscal Year 2016 Individual Annual Audited Financial Statements and Independent Auditors' Reports for the Wild Spaces Public Places Funds, Community Redevelopment Agency Funds, Employee’s Pension Fund, Police Officers and Firefighters Retirement Plan and the Other Postemployment Benefits Fund (B)

Explanation
In accordance with the City's contracts for external auditing services with Carr, Riggs & Ingram LLC, the following reports were presented for review at the September 7, 2017 Audit and
Finance Committee meeting:

1. The Financial Statements and Independent Auditors' Report on the Wild Spaces and Public Places (WSPP) Funds of the City of Gainesville, Florida for the Fiscal Year Ended September 30, 2016;

2. The Financial Statements and Independent Auditors' Report on the Community Redevelopment Agency (CRA) Funds of the City of Gainesville, Florida for the Fiscal Year Ended September 30, 2016;

3. The Financial Statements and Independent Auditors' Report on the Employees' Pension Fund of the City of Gainesville, Florida for the Fiscal Year Ended September 30, 2016;

4. 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, 2016;

5. The Financial Statements and Independent Auditors' Report on the Other Postemployment Benefits Fund of the City of Gainesville, Florida for the Fiscal Year Ended September 30, 2016.

In the independent auditors’ opinion, the financial statements referred to in items 1 through 5 above present fairly, in all material respects, the net position of Plan assets restricted or held in trust for benefits, and the respective changes in fiduciary net position restricted or held in trust, for the year ended September 30, 2016, in accordance with accounting principles generally accepted in the United States of America.

In accordance with Secti...