File #: 16-0772    Version: 1 Name:
Type: Report Status: Passed
File created: 8/31/2016 In control: Budget & Finance Committee
On agenda: 10/20/2016 Final action: 10/20/2016
Title: Report from State Comptroller on Fiscal Year 2015 Annual Financial Report.
Sponsors: Eric Stuckey, Mike Lowe
Attachments: 1. Comptroller report on FY15 audit

 

DATE:                                                               August 31, 2016

 

TO:                                          Board of Mayor and Aldermen

 

FROM:                                          Eric Stuckey, City Administrator

                                          Mike Lowe, Comptroller

                                          

SUBJECT:                                          

title

Report from State Comptroller on Fiscal Year 2015 Annual Financial Report.

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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 Fiscal Year 2015 Financial Report.  

 

Background

Each year, the City submits its annual financial report to the Comptroller of the State of Tennessee for review.  The attached letter is the response from the Comptroller’s office. 

 

In conjunction with Crosslin & Associates, our external auditor, City staff is preparing a response to the letter.

 

Financial Impact

There is no direct financial impact from the report 

 

Recommendation

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There is no staff recommendation.  This is an informational report only