HomeMy WebLinkAbout0014_1_FY 13-14 and 14-15 TDA Article 3 Independent Accountant's Report - SRREPORT TO CITY COUNCIL
To:Honorable Mayor and Members of the City Council
From:Grant Yates, City Manager
Prepared by: Nancy Lassey, Finance Administrator
Approved by:Jason Simpson, Assistant City Manager
Date:February 28, 2017
Subject:Transportation Development Act Article 3 Fund Independent Accountant’s
Report for the Fiscal Year 2013-2014 and 2014-2015
Recommendation
Receive and file the report.
Background and Discussion
Annually the Riverside County Transportation Commission enlists an independent auditing firm
to visit City Hall and perform agreed-upon procedures to determine if the City is complying with
managing the Transportation Development Act (TDA) Article 3 Fund of the Bicycle and Pedestrian
Facility Program (the Program). The auditing firm typically reviews the City’s documents and
reports related to the receipt and spending of the Programs funding for the Fiscal Year.
The TDA Article 3 Independent Accountant’s Report is a report provided to the City from the
auditing firm, Macias Gini & O’Connell LLP, and presents the purpose, procedures followed, and
findings of their audit. The TDA Article 3 Independent Account’s Report for the Fiscal Year 2013-
2014 and 2014-2015 delivers favorable results.
Fiscal Impact
No fiscal impact.
Exhibits
A: TDA Article 3 Independent Accountant’s Report for the Fiscal Year 2013-2014 and 2014-2015