City Council Minutes 2002 05 07 - Laserfiche WebLink

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Louisville City Council Meeting May 7, 2002 Page 3 Senior Board President Art Symanski thanked Council on behalf of the Senior Board and all senior citizens of Louisville. He reminded the Mayor and Council of the Older American Luncheon on Thursday, March 8, 2002, at the Louisville Senior Center. Sisk voiced his pleasure as servicing as Council's liaison on the Senior Advisory Board. He thanked the Senior Board for their active and positive roles in the community. PROCLAMATION - CHILD ABUSE AWARENESS MONTH Mayor Davidson proclaimed April 2002, as Child Abuse Awareness and Prevention Month in the City of Louisville and presented the Proclamation to Kitty Sargent, Educational Resource Specialist for Blue Sky Bridge Child & Advocacy Program. Kitty Sargeant, representing Blue Sky Bridge, accepted the proclamation and thanked Council for their support and recognition of the problem of child abuse. She invited the Mayor and Council to visit the Blue Bridge Child Facility in Boulder. 2001 AUDIT & MANAGEMENT LETTER Davidson called for Staff introduction. Finance Director Dianne Ray introduced Wendy Swanhorst, C.P.A., partner with Swanhorst, Dragon & Cutler LLC, who presented the 2001 Audit and Management Letter. Wendy Swan_horst presented the 2001 Audit and Management Letter for the City of Louisville. She noted that the report looks different from what the Council is accustomed to. She explained that this is due to the City of Louisville's adoption of the GASB34 standard for governments. She stated that GASB34 is a significant change in government accounting and brings government accounting along the lines of business accounting. She referred to financial statements in the Comprehensive Annual Financial Report, which separates govemment activities primarily supported by tax dollars from business type activities supported by fees. She summarized that the City is in good financial condition. Sisk reported that the Finance Committee met with Ms. Swanhorst on Monday. He welcomed Ms. Swanhorst and the firm of Swanhorst, Dragon & Cutler LLC to the City of Louisville and thanked her for a positive and understandable audit. Mayer recognized Finance Director Dianne Ray for her contributions to the Finance Department and the City of Louisville. He expressed his best wishes to Ray in her new employment and stated that she will be missed. Davidson concurred with Council member Mayer's comments and also extended his best wishes to Dianne Ray.