Agenda Item Name:
Title
Alachua County's 2019 Comprehensive Annual Financial Report (CAFR) and Independent Audit.
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Presenter:
N/A
Description:
The annual audit of the County's 2019 Financial Statement is complete. The audit results and completed financial statements for fiscal year 2019 are attached.
Recommended Action:
Recommended Action
Accept the FY2019 Comprehensive Annual Financial Report (CAFR), and the Florida State Comptrollers Annual Financial Report (AFR). Authorize the Chair to certify the AFR to the State. Acknowledge receipt of the audit reports and letters for Single Audit report from the County's independent Certified Public Accountants, Purvis Gray and Company, LLP. Acknowledge receipt of the Management Response Letter to the Auditor General. Authorize the Clerk to transmit the CAFR and the Single Audit Report to the Auditor General. Acknowledge receipt of SAS 114 letter form Auditors.
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Prior Board Motions:
N/A
Fiscal Consideration:
Fiscal Consideration
N/A
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Background:
Florida Statutes require an audit of the financial statements of Alachua County by an independent certified public accountant. Purvis Gray and Company, LLP has completed the audit of the County's 2019 fiscal year financial reports. In addition the Clerk's Finance and Accounting Department has completed the Florida State Comptrollers Annual Financial Report (AFR). The AFR has always been required and prepared by Finance and Accounting and submitted to the State, Department of Financial Services. The numbers reported are the same as reported in the CAFR, but are in a different format using State uniform account numbers. The AFR is required to be certified by the Chair of the Board of County Commissioners and the County Chief Financial Officer. The CAFR and Management response letter are also submitted with the AFR to the State.
The National Government Finance Officers Association (GFOA) sponsors the Certificate of Achievement in Financial Report...
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