TITLE
Recommendation to receive and file the Federal Single Audit for the Fiscal Year Ended September 30, 2020. (Citywide)
DISCUSSION
On June 1, 2021, the Financial Management Department submitted to the City Council the City's Comprehensive Annual Financial Report and other separately issued financial reports and statements for the fiscal year ended September 30, 2020 (FY 20), as required by the City Charter. The Single Audit Report was not available on June 1st and is now attached.
Federal Single Audit
The Federal Single Audit is required by the Federal Office of Management and Budget (OMB) for municipalities receiving over $750,000 annually in federal funds. The Federal Single Audit resulted in no grant program-related findings or questioned costs and covered the following major programs:
• Continuum of Care Program
• Section 8 Housing Choice Voucher
• COVID-19 Coronavirus Relief Fund
• Disaster Grants - Public Assistance (Presidentially Declared Disasters)
This matter was reviewed by Deputy City Attorney Amy R. Webber on September 21, 2021 and by Revenue Management Officer Geraldine Alejo on September 20, 2021.
TIMING CONSIDERATIONS
City Council action on this item is not time critical.
FISCAL IMPACT
This recommendation has no staffing impact beyond the normal budgeted scope of duties and is consistent with existing City Council priorities. There is no fiscal or local job impact associated with this recommendation.
SUGGESTED ACTION
Approve recommendation.
Respectfully Submitted,
KEVIN RIPER
DIRECTOR OF FINANCIAL MANAGEMENT
APPROVED:
THOMAS B. MODICA
CITY MANAGER