Long Beach, CA
File #: 19-0915    Version: 1 Name: FM - Federal Single Audit
Type: Agenda Item Status: Approved
File created: 8/30/2019 In control: City Council
On agenda: 9/17/2019 Final action: 9/17/2019
Title: Recommendation to receive and file the Federal Single Audit for the Fiscal Year Ended September 30, 2018. (Citywide)
Sponsors: Financial Management
Attachments: 1. 091719-C-7sr&att.pdf
Related files: 21-1089

TITLE

Recommendation to receive and file the Federal Single Audit for the Fiscal Year Ended September 30, 2018.  (Citywide)

 

DISCUSSION

On June 18, 2019, the Financial Management Department submitted to the City Council the City’s Comprehensive Annual Financial Report (CAFR) and other separately issued financial reports and statements for the fiscal year ended September 30, 2018 (FY 18), as required by the City Charter. The Single Audit Report was not available on June 18th 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 $500,000 annually in federal funds. The Federal Single Audit resulted in no grant program-related findings and no questioned costs and covered the following programs:

 

                     Housing Voucher Program

                     Highway Planning and Construction

                     Port Security Grant Program

                     CDBG Entitlement Grants

                     Home Investment Partnership Program

                     WIC Special Supplemental Nutrition Program for Women, Infants, and Children.

 

This matter was reviewed by Deputy City Attorney Amy R. Webber and by Budget Management Officer Rhutu Amin Gharib on August 29, 2019.

 

TIMING CONSIDERATIONS

City Council action on this item is not time critical.

 

FISCAL IMPACT

This recommendation has no staffing impact beyond the 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,

JOHN GROSS

DIRECTOR OF FINANCIAL MANAGEMENT

 

 

 

APPROVED:

 

PATRICK H. WEST

CITY MANAGER