La Verne

City Council

February 05, 2024 Item #7

Agenda Item 7

7. ANNUAL COMPREHENSIVE FINANCIAL REPORT FOR JUNE 30, 2023 - The City has\ncompleted its Annual Comprehensive Financial Report (ACFR) for the fiscal year ending\nJune 30, 2023. This report has undergone a thorough audit by the independent firm Badawi\n& Associates (B&A). The ACFR, detailing the City's financial position and operating\nactivities, is accessible on the City’s website: https://www.cityoflaverne.org/468/Annual-\nBudget-Comprehensive-Report.\nRECOMMENDATION:\nIt is recommended that the City Council receive and file the Annual Comprehensive\nFinancial Report, Report on Internal Control over Financial Reporting and on Compliance\nand Other Matters, along with the Auditor Letter to the City Council for the fiscal year ended\nJune 30, 2023.\nPUBLIC HEARING