HomeMy WebLinkAbout2021-02-22 21-096 Order
02/22/202121-096
02/22/2021
21-096
Finance
Order
N/A
Title, Order
Accepting the City of Bangor's Comprehensive Annual Financial Report for the Year Ended June 30, 2020
This order accepts the City's Comprehensive Annual Financial Report (CAFR) including its General
Purpose Financial Statements and the Independent Auditor's unqualified opinion as prepared by
Runyon Kersteen Ouellette of South Portland, Maine.
For over twenty years, the City has been awarded the Government Finance Officers Association
(GFOA) Certificate of Achievement for Excellence in Financial Reporting. This CAFR has been
submitted to GFOA for their consideration.
The Finance Committee met with the City's auditors and reviewed various reports on February 17,
2021 and recommends acceptance of this item.
This item meets the Council goal of ensuring management and financial stability through the
utilization of best practices.
Finance Committee
02/17/2021
Recommend for passage
50
Consent
02/22/202121-096
CITY OF BANGOR ORDER
02/22/2021
21-096
Hawes
Accepting the City of Bangor's Comprehensive Annual Financial Report for the Year Ended June 30, 2020
Be it Ordered by the City Council of the City of Bangor that, the City of Bangor's Comprehensive Annual
Financial Report, including its General Purpose Financial Statements for the year ended June 30, 2020 as
prepared by City staff and the Independent Auditor's Report thereon, prepared by Runyon Kersteen Ouellette,
is hereby accepted in its entirety.
IN CITY COUNCIL
FEBRUARY 22,2021
CO 21-096
Motion made and seconded for Passage of Consent Agenda
Vote: 9—0
Councilors Voting Yes: Davitt,Dubay,Fournier,Hawes,Nichols,Okafor, Schaefer, Sprague,Tremble
Councilors Voting No: None
Passed
CITY C ERK