Title
Comprehensive Annual Financial Report for the Fiscal Year Ended June 30, 2016
Purpose
PURPOSE/BACKGROUND:
The Comprehensive Annual Financial Report (CAFR) for the fiscal year ended June 30, 2016 has been completed by the City's Finance Department and audited by the City's independent auditors, Cherry Bekaert, LLP, as required by Section 3.08(c) of the City Charter. The CAFR includes a report on the financial results of operations and financial position of the various City funds for the fiscal year ended June 30, 2016, including those of the Hampton City School Board. The City's Finance Director and independent auditor will make presentations regarding the City's financial condition at the end of the last fiscal year.
Discussion:
Questions and answers are anticipated after each presentation.
Impact:
Recommendation:
Rec
None
Body
No Resolution