Loading...
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