City Council

5.3 Receipt of the Fiscal Year 2024–2025 Annual Comprehensive\nFinancial Report (ACFR) and Related Statements\nReceipt of the Fiscal Year 2024–2025 Annual Comprehensive Financial Report (ACFR)\nand Related Statements.\nRecommendation:\nA. Accept the financial reports for the fiscal year ended June 30, 2025;\nB. Transfer $1,590,524, 20% of the General Fund (100) fiscal year ended June 30,\n2025 audited surplus to the PARS Pension 115 Trust; and\nC. Transfer $795,262, 10% of the General Fund (100) fiscal year ended June 30,\n2025 audited surplus to the Other Post Employment Benefits 115 Trust.