CC 07-16-2024 Item No. 1 FY 2022-23 ACFR (consent calendar)_Written Communications_2CC 7-16-2024
#1
Consent Calendar - FY
2022-23 ACFR
Written Comments
From:Rhoda Fry
To:City Clerk; City Council
Subject:Agenda #1 7/16 ACFR upload to Municipal Securities Rulemaking Board
Date:Tuesday, July 16, 2024 1:31:46 PM
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Dear City Council,
Thanks for the supplemental report pertaining to the ACFR.
I am concerned that an ACFR was uploaded to the Municipal Securities Rulemaking Board’s
(MSRB) website before council approval.
The supplemental report states that a draft ACFR may be uploaded without council approval.
While that may be true, the ACFR that was uploaded provides no indication that it is a
DRAFT and has all appearances of being a FINAL document.
Please explain why a “final” ACFR was uploaded to the MSRB prior to getting approval from
council.
As we know, this ACFR will now need to be replaced.
I am seeing an unfortunate pattern where staff actions are taking place without council
approval.
Regards,
Rhoda Fry
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