AGENDA DATE: 10/7/2015
TITLE:
Title
FY 15 Unaudited Annual Financial Report (UAFR) and FY 15 Annual Economic Indicators Report (AEIR)
BODY
SUBJECT/PROPOSAL/REQUEST: FY 15 Unaudited Annual Financial Report (UAFR) and FY 15 Annual Economic Indicators Report (AEIR)
ITEM TYPE: Regular Information Item
STAFF CONTACT(S): Foley, Letteri, Davis, Burrell, Breeden, L., and Allshouse, S.
PRESENTER (S): Betty Burrell
LEGAL REVIEW: Yes
REVIEWED BY: Thomas C. Foley
BACKGROUND: The attached FY 15 Unaudited Annual Financial Report (UAFR) (Attachment A) provides preliminary information about the County's General Fund operations and Fund Balance as of June 30, 2015. The attached FY 15 Annual Economic Indicators Report (AEIR) (Attachments B and C) provides an overview of general economic conditions in the County in FY 15, as well as a forecast of these conditions in FY 16.
STRATEGIC PLAN: The UAFR supports the County's Mission: To enhance the well-being and quality of life for all citizens through the provision of the highest level of public service consistent with the prudent use of public funds. The AEIR supports the Aspiration/Goal of Economic Prosperity.
DISCUSSION:
Unaudited Annual Financial Report
The attached Unaudited Annual Financial Report (UAFR) provides preliminary information about the County's General Fund operations and Fund Balance as of June 30, 2015. The attached Annual Economic Indicators Report (AEIR) (Attachments B through D) provides an overview of general economic conditions in the County in FY 15.
The UAFR reflects year-end data through June 30, 2015, the end of FY 15. The revenue information in the attached UAFR is organized in a way that is consistent with the revenue section of the County's budget document. Expenditure data is presented following the format of Exhibit 12 of the County's Comprehensive Annual Financial Report (CAFR). Line item titles in the UAFR match the line item titles in these tw...
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