TITLE
Recommendation to receive and file the Quarterly Report of Cash and Investments for the quarters ending December 31, 2011 and March 31, 2012.
DISCUSSION
Pursuant to Section 803 of the City Charter, the Office of the City Auditor is charged with verifying cash in the City Treasury on a quarterly basis and providing a written report to the City Council. Attached is the Quarterly Report of Cash and Investments for the quarters ending December 31,2011 and March 31, 2012.
TIMING CONSIDERATIONS
This item is not time sensitive.
FISCAL IMPACT
There is no fiscal impact
SUGGESTED ACTION
Approve recommendation.
Respectfully Submitted,
LAURA L. DOUD
CITY AUDITOR