WORK SESSION AGENDA REQUEST

Sponsor:

Board of Supervisors Meeting Date: 

Finance Committee

January 13, 2004

Staff Lead:

Department: 

Bryan Tippie, Director

 Budget Office/Finance Department

Topic: 

FY 2004 Comprehensive Annual Financial Report

Topic Description:

In accordance with Section 15.2-2511 of the Code of Virginia, an annual independent audit of the Fauquier County Government and School Division has been completed for FY 2004. This audit was conducted by the independent certified public accounting firm of Robinson, Farmer, and Cox Associates. The audit was accomplished in accordance with generally accepted auditing standards. A copy of this audit, the Comprehensive Annual Financial Report (CAFR), was provided to Board of Supervisor members on November 14, 2004, and made available on the County Internet web page November 19, 2004.  

 

In addition to the CAFR, the auditors furnished written recommendations pertaining to the improvement of certain areas of internal accounting control and overall accounting procedures. Those recommendations and the Finance Departmentís responses are attached.

 

A work session will allow the auditors to provide a summary of their work and respond to any questions the Board of Supervisors may have.

Requested Action of the Board of Supervisors: 

Convene a work session for the Board of Supervisors to consider the FY 2004 CAFR and auditor recommendations.

Financial Impacts Analysis:

None

Identify any other Departments, Organizations or Individuals that would be affected by this request:

 

All departments, agencies and offices receiving County funds.