DATE: June 5, 2015
TO: Board of Mayor and Aldermen
FROM: Eric Stuckey, City Administrator
SUBJECT:
title
State Comptroller’s Approval of City’s 2014 Audit
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Purpose
The purpose of this memo is to provide information to the Franklin Board of Mayor and Aldermen (BOMA) concerning the financial report for the fiscal year ended June 30, 2014
Background
Each year, upon receipt of the final financial report from the City’s outside auditors, a copy of the report is forwarded to the Office of the Comptroller. They review the report and report back to the Board of Mayor and Aldermen. The attached letter, dated May 26, 2015, is the formal acknowledgment of the report.
Financial Impact
This is a report only.
Recommendation
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No action is required.