Santa Monica

City Council

April 23, 2024 Order of Business 5 #A

Agenda Item A

5.A. Present Annual Comprehensive Financial Report (ACFR) for Year Ended June\n30, 2023\nRecommended Action\nStaff recommends that the City Council:\n1. Receive and file the City’s Annual Comprehensive Financial Report (ACFR),\nthe Auditors’ Letter to Council, and the Independent Auditors’ Report on\nInternal Control Over Financial Reporting and on Compliance and Other\nMatters Based on an Audit of Financial Statements Performed in Accordance\nwith Government Auditing Standards for the City’s financial statements for the\nfiscal year ended June 30, 2023; and\n2. Adopt a finding of no significant effect pursuant to Section 15061(b)(3)\n(Common Sense Exemption) of the California Environmental Quality Act\n(CEQA) Guidelines.