HomeMy WebLinkAboutcc min 2007/01/16 PFA
MINUTES OF AN ADJOURNED REGULAR MEETING OF THE
CITY COUNCIL AND SPECIAL MEETING OF THE
PUBLIC FINANCING AUTHORITY
OF THE CITY OF CHULA VISTA
January 16,2007
6:00 P.M.
An Adjourned Regular Meeting of the City Council and a Special Meeting of the Public
Financing Authority of the City of Chula Vista were called to order at 10:48 p.m. in the Council
Chambers, located in City Hall, 276 Fourth Avenue, Chula Vista, California.
ROLL CALL:
PRESENT: Council/Authority Members: Castaneda, McCann, Ramirez, Rindone, and
Mayor/Chair Cox
ABSENT: Council/Authority Members: None
ALSO PRESENT: Interim City Manager Thomson, City Attorney Moore, Senior Deputy City
Clerk Peoples, and Deputy City Clerk Bennett
PUBLIC COMMENTS
Steve Pavka, Chula Vista resident, expressed concern about a new ordinance used as tax
revenue, resulting in an unfair, unjust tax or fee. He asked how to place an item on the agenda to
allow the Council to discuss changes that need to be made. Council/Authority Member Ramirez
asked Mr. Pavka to contact his office to make an appointment to discuss his concerns.
ACTION ITEMS
1. CONSIDERATION OF AUDITED FINANCIAL STATEMENTS FOR FISCAL YEAR
ENDED JUNE 30, 2006
Presented for Council/Authority information and acceptance are the audited financial
statements for the fiscal year ended June 30, 2006, as prepared by the independent audit firm
of Moreland and Associates, Inc. The City's annual financial reports received an unqualified
(clean) opinion from the independent audit firm. (Finance Director/Treasurer)
Finance Director/Chief Financial Officer Kachadoorian introduced Kathryn Beseau, partner in
the firm of Moreland and Associates, who stated that the City received a clean opinion and
offered to answer any questions.
Council/Authority Member McCann asked what was meant by a clean opinion. Ms. Beseau
responded that a clean opinion meant that nothing had come to the auditors' attention during
their review that indicated any misstated information in the books. Part of the audit included a
review of internal controls to check their reliability, and no material weaknesses or
insufficiencies were found. The auditors did, however, find some minor housekeeping items that
were presented to staff in a management letter. Council/ Authority Member McCann asked if the
reference under management suggestions to make sure the most recent pay document was on file
could include an electronic file format. Ms. Beseau responded affirmatively.
ACTION ITEMS (continued)
Chair Cox thanked staff and Ms. Beseau for providing the information and clarification on the
audit process, and expressed hope that the independent financial review would provide a much
better feeling of where the City will be in the next 10 years.
ACTION:
Council/Authority Member Castaneda, moved to accept the fiscal year 2005-2006
financial statements. Council/Authority Member McCann seconded the motion,
and it carried 5-0.
OTHER BUSINESS
2. CITY MANAGERlDIRECTOR'S REPORTS
There were none.
3. MAYOR/CHAIR'S REPORTS
There were none.
4. COUNCIL/AUTHORITY MEMBERS' COMMENTS
There were none.
ADJOURNMENT
At II :04 p.m., Mayor/Chair Cox adjourned the Council to an adjourned regular meeting on
January 18,2007, at 4:00 p.m., and the Public Financing Authority until further notice.
C1~~~
Lori Anne Peoples, MMC, Senior Deputy City Clerk
Page 2 - Jt. CounciVPF A Minutes
http://www .chulavistaca. gOY
January 16, 2007