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HomeMy WebLinkAboutPacket 04-17-2017 Additional ItemsMcGId- d re & Pullen Certified Public Accountants City of Cape Canaveral, Florida Presentation of Audit Reports for Fiscal Year Ended September 30, 2006 •..•P"'444late �Ilk •••••••••••••••••••••••••••••••••1 MW McGladrey& Puller Certified Public Accountants City of Cape Canaveral, FL Independent Auditors'Report v Pages 1-2 ➢ Audit covers year ended September 30, 2006 ➢ Conducted in accordance with Generally Accepted Auditing Standards and Government Auditing Standards ➢ Opinion in third paragraph - UNQUALIFIED opinion ➢ Management's Discussion & Analysis — unaudited, required supplementary information McGladrey & Pullen Certified Public Accountants City of Cape Canaveral, FL Report on Compliance and on Internal Control ➢ Pages 83 — 84 of report ➢ Report covers year ended September 30, 2006 ➢ Tested compliance with laws, regulations, contracts & grants ➢ Reviewed internal control over financial reporting ➢ We noted NO instances of non-compliance ➢ We noted NO material weaknesses of internal control McGlad, ty of Pullen Certified Public Accountants City of Cape Canaveral, FL Management Letter ➢ Pages 85 — 90 of report ➢ Other Matters ➢ Appendix A — Current Year Comments ➢ Appendix B — Status of Prior Year Comments ➢ Appendix B — Prior Year Comments Repeated McGladrey& Pull— Certified Public Accountants City of Cape Canaveral, FL Management Letter Code of Ethics ✓ Establishes formal means of communicating expectations of City Council as it relates to Code of Ethics ✓ Should be incorporated into Personnel Manual �191h�191k�10,900000000000000000000*00009••••x•••••• M c G I a U -'Re"& Pullen Y Certified Public Accountants City of Cape Canaveral, FL Management Letter Approved Vendor List ✓ Provides more coordinated control of purchasing process ✓ Improves efficiency of purchasing process ✓ Considered by many to be a "best practice" McGladlUY &PUIIUII Certified Public Accountants City of Cape Canaveral, FL ®•.•..•^'••••••••••••••••••••••••••••••• McGladrey& PuIllifr Certified Public Accountants City of Cape Canaveral, FL Unreserved Fund Balance vs. Total Expenditures 150.00% 100.00% - 50.00% 0.00% 2002 2003 2004 Year 2005 2006 Cape Canaveral 97.06% Benchmark 64.98% ^^^'�'A%•.•.••••••••••••••••••••••••••••••••• McGladrey& Pullen tt Certified Public Accountants City of Cape Canaveral, FL Long-term Debt/ Population $30 $20 $10 901 2002 2003 2004 Year 2005 2006 Cape Canaveral = $15 Benchmark = $227 'ek 'elk 'd1h 'd% •...•••••••••••••••••••••••••••••••• e"o( PUHItI McGlod-U-l-'Y Certified Public Accountants City of Cape Canaveral, FL Governmental Fund Debt Service vs. Expenditures 1.00% 0.50% 0.00% 2002 2003 2004 Year 2005 2006 Cape Canaveral =.53% Benchmark = 5.29% McGladrey& Pullen Certified Public Accountants City of Cape Canaveral, FL Millage Rate 0 4-0m a� Cm m 10 4.0000 3.0000 2.0000 1.0000 0.0000 2002 2003 2004 Year 2005 2006 McGladrey& No Certified Public Accountants City of Cape Canaveral, FL Governmental Fund Revenues by Source 2006 2005 2004 �s s� 'o 's ?o ?s `�o ` & �o �s so '°o so �s �s �s �s �s �s �s 0 0° oo oo 'oo -oo -o° '°o '°o 0 0 0 0 0 0 0 0 0 ■ Taxes ❑ Licenses & Permits ❑ Intergovernmental ■ Charges for Services ❑ Fines & Forfeitures ■ Miscellaneous Revenue McGladrey&Pullen Certified Public Accountants City of Cape Canaveral, FL Governmental Fund Expenditures by Activity $4,000,000 $3,500,000 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 2004 2005 2006 ❑ General Govt ❑ Public Safety ❑ Transportation ❑ Physical Environment ❑ Culture & Recration ■ Capital Outlay McGladreyUB#I%& Pii Certified Public Accountants City of Cape Canaveral, FL Sewer Fund Operating Revenues & Expenses $21750,000 $2,5009000 $2)250,000 $2,0003000 $117503000 $135003000 $1,250,000 $1,000,000 2001 2002 2003 2004 2005 2006 -�- Revenues Expenses McGladrey& Pullen Certified Public Accountants City of Cape Canaveral, FLA,