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HomeMy WebLinkAbout2020-049 CCRadoption: Member Ryan introduced the following resolution and moved its RESOLUTION NO. 2020-049 RESOLUTION ADOPTING THE COMPREHENSIVE ANNUAL FINANCIAL REPORT, THE SPECIAL PURPOSE AUDIT REPORTS, THE MANAGEMENT LETTER AND THE CORRECTIVE ACTION PLAN OF THE CITY OF BROOKLYN CENTER FOR THE CALENDAR YEAR ENDED DECEMBER 31, 2019 WHEREAS, the City of Brooklyn Center is required by State Statute and City Charter to annually produce financial statements for submission to the Office of the State Auditor by June 30 each year; and WHEREAS, the City of Brooklyn Center is required to provide an auditor's opinion as to the representations in the annual financial statements; and WHEREAS, the financial statements have been audited by the independent CPA firm of Malloy, Montague, Karnowski, Radosevich & Co., P.A. as required; and WHEREAS, Malloy, Montague, Karnowski, Radosevich & Co., P.A. opined that the general purpose financial statements present fairly, in all material respects, the financial position of the City of Brooklyn Center as of December 31, 2019. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center that the Comprehensive Annual Financial Report for the City of Brooklyn Center for the calendar year ended December 31, 2019, and all supporting documentation, is hereby adopted as the official financial record for the 2019 fiscal year. June 8, 2020 Date Mayor ATTEST. (A City Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Lawrence -Anderson and upon vote being taken thereon, the following voted in favor thereof: Butler, Elliott, Graves, Lawrence -Anderson and Ryan and the following voted against the same: None whereupon said resolution was declared duly passed and adopted.