BOARD MEETING DATE: January 9, 1998 AGENDA NO. 33
REPORT:
Audit for FY Ended June 30, 1997
SYNOPSIS:
This agenda item transmits the annual financial audit performed by an independent certified public accountant. The AQMD has received an unqualified opinion (the highest obtainable) on its financial statements.
COMMITTEE:
Administrative, December 19, 1997, Recommended for Approval
RECOMMENDED ACTION:
Receive and file the AQMD’s audited Financial Statements, Schedule of Federal Financial Assistance and Single Audit Reports for the FY ended June 30, 1997.
Barry Wallerstein, D.Env.
Acting Executive Officer
Background
The audit of the AQMD’s financial statements, along with a Schedule of Federal Financial Assistance (FFA) and Single Audit Act Reports for the Fiscal Year ended June 30, 1997 has been completed by Vargas, Lopez and Company, Certified Public Accountants. The AQMD has received an unqualified opinion on its financial statements. An unqualified opinion is the highest obtainable, assuring interested parties that our financial statements present fairly the financial position of the AQMD.
Attachments
Financial Statements
Audit Opinion
Schedule of FFA
Auditors’ Report on the FFA
Report on Internal Controls
(Due to their bulk, these documents are provided to Board members only. Individuals may view these materials in the AQMD Library.)
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