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HomeMy WebLinkAboutReso 2025-019RESOLUTION NO. 2025-019 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ACCEPTING THE ANNUAL COMPREHENSIVE FINANCIAL REPORT FOR FISCAL YEAR ENDING JUNE 30, 2024 WHEREAS, City Charter Section 1012 requires that an annual audit be performed of the City's financial records by an independent accounting firm; and WHEREAS, the independent audit firm of Rogers, Anderson, Malody & Scott, LLP, has audited the basic financial statements of the City of Chula Vista as found in the Annual Comprehensive Financial Report (“ACFR”) for Fiscal Year ending June 30, 2024; and WHEREAS, Rogers, Anderson, Malody & Scott, LLP, has issued their opinion that the statements present fairly, in all material respects, the respective financial position of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City as of June 30, 2024, and the respective changes in financial position, and where applicable, cash flows thereof for the year then ended in accordance with accounting principles generally accepted in the United States of America. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, that it accepts the Annual Comprehensive Financial Report for Fiscal Year Ending June 30, 2024, a copy of which is on file with the City Clerk’s Office. [SIGNATURES ON THE FOLLOWING PAGE] Docusign Envelope ID: 397EB52F-8781-469F-AC94-F3E384906A96 Resolution No. 2025-019 Page No. 2 Presented by Approved as to Form by Sarah Schoen Marco A. Verdugo Director of Finance/Treasurer City Attorney PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 11th day of February 2025 by the following vote: AYES: Councilmembers: Chavez, Fernandez, Inzunza, Preciado, and McCann NAYS: Councilmembers: None ABSENT: Councilmembers: None John McCann, Mayor ATTEST: Kerry K. Bigelow, MMC, City Clerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Kerry K. Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2025-019 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 11th day of February 2025. Executed this 11th day of February 2025. Kerry K. Bigelow, MMC, City Clerk Docusign Envelope ID: 397EB52F-8781-469F-AC94-F3E384906A96