City Council

CC:SA:HA:PA - ACTION ITEM: (1) RECEIPT AND FILING\nOF THE FISCAL YEAR 2023-2024 ANNUAL\nCOMPREHENSIVE FINANCIAL REPORT (ACFR); (2)\nRECEIPT AND FILING OF THE FISCAL YEAR 2023-2024\nPOPULAR ANNUAL FINANCIAL REPORT (PAFR); (3)\nRECEIPT AND FILING OF THE FISCAL YEAR 2024-2025\nACFR; (4) RECEIPT AND FILING OF METRO CITY OF\nCULVER CITY ANNUAL FINANCIAL REPORT FOR FISCAL\nYEARS ENDED JUNE 30, 2025 AND 2024; (5) RECEIPT\nAND FILING OF COMMUNICATION LETTER FROM THE\nCITY’S AUDITORS, LANCE, SOLL AND LUNGHARD LLP\n(LSL); (6) RECEIPT AND FILING OF LSL’S INDEPENDENT\nAUDITOR’S REPORT ON INTERNAL CONTROL OVER\nFINANCIAL REPORTING; (7) RECEIPT OF\nPRESENTATION FROM LSL; (8) APPROVAL OF A\nPROFESSIONAL SERVICES AGREEMENT WITH LSL\nCONSULTING & ADVISORY DEPARTMENT IN AN\nAMOUNT NOT-TO-EXCEED $50,000 TO ASSIST WITH\nESTABLISHING BEST PRACTICES; (9) APPROVAL OF AN\nAMENDMENT TO THE CITY’S EXISTING PROFESSIONAL\nSERVICES AGREEMENT WITH LSL ASSURANCE\nDEPARTMENT FOR ADDITIONAL AUDIT SERVICES FOR\nTHE FISCAL YEAR 2025-2026 AUDIT AND THE\nTRANSPORTATION DEPARTMENT IN AN AMOUNT\nNOT-TO-EXCEED $50,000; AND (10) ADOPTION OF\nRESOLUTION AMENDING CITY COUNCIL POLICY 5002,\nFINANCIAL POLICIES TO ESTABLISH A REQUIREMENT\nTO PROVIDE CITY COUNCIL WITH A REPORT ON THE\nACFR BY MARCH 31 EACH YEAR.\nBoard, and Culver City Housing\nAuthority Board\nCity Council Meeting Agenda\nClosed Session: 5:30 PM\nRecognitions: 6:30 PM\nRegular Session - 7:00 PM\n2026-04-13_ATT2_FY 2023-2024 ACFR\n2026-04-13_ATT2_FY 2023-2024 PAFR\n2026-4-13_ATT3_FY 2024-2025 ACFR\n2026-4-13_ATT4_LSL's Communication Letter\n2026-4-13_ATT5_LSL's Independent Auditor's Report on\nInternal Control Over Financial Reporting\n2026-4-13_ATT6_Metro - City of Culver City Annual Financial\nReport for Fiscal Years ended June 30, 2025 and 2024\n2026-04-13_ATT7_Resolution Amending Council Policy\n5002.pdf\n2026-4-13_ATT8_LSL's Presentation