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HomeMy WebLinkAboutSR - Single Audit ReportCITY OF PALM DESERT STAFF REPORT REQUEST: CITY OF PALM DESERT SINGLE AUDIT OF FEDERALLY ASSISTED GRANT PROGRAM FOR FISCAL YEAR ENDED JUNE 30, 2007 SUBMITTED BY: Paul S. Gibson, Director of Finance DATE: May 8, 2008 CONTENTS: Staff Report and Single Audit Report Recommendation: Receive and file the City of Palm Desert Single Audit of Federally Assisted Grant Programs for the year ended June 30, 2007. Background: The City was required to undergo an audit of federal funds it received because the City expended more than $500,000 in the year ended June 30, 2007. Lance, Soli & Lunghard, LLP was hired to perform and complete an audit on the Schedule of Federal Financial Assistance for the fiscal year ended June 30, 2007. Staff recommends to receive and file the City of Palm Desert Single Audit of Federally Assisted Grant Programs for the fiscal year ended June 30, 2007. Submitted By: Paul S. Gibson, Director of Finance Approved By: Carlos L. Ortegty Manager H 1Acctg081Audit081SINGLE AUDIT STAFF REPORT 2007 docx CITY Cuu>. LiL ACTION: APPROVED , DENIED RECEIVED £ Fi /e j OTHER MEETING DATE 5 _ g'-Ci g AYES: rergL150n, NOES: 146ne. ABSENT: Nine ABSTAIN: IA�ne VERIFIED BY: RfwIrq Original on File withjCity Clerk's Office