Title:
Title
Fiscal Year 2017/18 Child Development Program Audit Report
End
FileID
File ID: 2018-001751
Location
Location: Citywide
Recommendation:
Recommendation
Receive and file.
Contact: Osvaldo Lopez, Accounting Manager, (916) 808-4740; Dawn Holm, Director, (916) 808-5574, Department of Finance
Body
Presenter: None
Attachments:
1-Description/Analysis
2-FY18 Child Development Program Audit Report
Description/Analysis
Issue Detail: The Fiscal Year (FY) 2017/18 Child Development Program Audit Report has been prepared to present the financial results of the 4th R Child Development Program for the fiscal year that ended June 30, 2018.
Policy Considerations: This report is consistent with the City’s fiscal transparency and accountability principles.
Economic Impacts: None.
Environmental Considerations:
California Environmental Quality Act (CEQA): This action does not constitute a “project” as it involves only organizational or administrative activities that will not result in direct or indirect physical changes in the environment and it relates to government fiscal activities that do not involve any commitment to any specific project that may result in a potentially significant physical impact on the environment. As a result, this action is exempt pursuant to CEQA Guidelines sections 15378(b)(2), (4), and (b)(5).
Sustainability: Not applicable.
Commission/Committee Action: The Child Development Program Audit Report was
presented to the Budget and Audit Committee on January 29, 2019. The Committee approved a Motion to forward the report to the City Council.
Rationale for Recommendation: It is in the best interest of the City Council to receive and file the FY2017/18 Child Development Program Audit Report for the following reasons:
• This report is required by the California Department of Education and includes information necessary to comply with the California Department of Education Audit Guide.
• The public accounting firm of Vavrinek, Trine, Day & Co., LLP, has audited the 4th R Child Development Program’s FY2017/18 financial statements and has rendered its unmodified opinion that the financial statements are fairly presented in accordance with generally accepted accounting principles
Financial Considerations: There are no financial considerations associated with this report.
Local Business Enterprise (LBE): No goods or services are being purchased under this report.