CITY OF HOMER

HOMER, ALASKA

City Manager/Finance

RESOLUTION 08-71

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HOMER, ALASKA, ACCEPTING THE 2007 COMPREHENSIVE ANNUAL FINANCIAL REPORT WITH AUDIT AND FINANCIAL STATEMENTS AND ACKNOWLEDGING THE MANAGEMENT LETTER SUBMITTED BY THE CITY'S INDEPENDENT AUDITOR, MIKUNDA, COTTRELL, & CO. AND AUTHORIZING THE CITY MANAGER TO EXECUTE FINANCIAL REPORT.

WHEREAS, Mikunda, Cottrell, & Co. conducted the annual audit, submitted the 2007 Comprehensive Annual Financial Report, with the audit with financial statements, and the management letter was delivered for review and distributed to the Mayor and City Council June 2008; and

WHEREAS, Mikunda, Cottrell, & Co. made a public presentation during the Committee of the Whole and the Regular Meeting of June 23, 2008.

NOW, THEREFORE, BE IT RESOLVED by the City Council of Homer, Alaska, that the 2007 Comprehensive Annual Financial Report with audit and financial statements is accepted and that the management letter is acknowledged as submitted by Mikunda, Cottrell, Co. the City's independent auditor.

PASSED AND ADOPTED by the City Council of Homer, Alaska, this 23rd day of June, 2008.

CITY OF HOMER

JAMES C. HORNADAY, MAYOR

ATTEST:

______________________________

JO JOHNSON, CMC, CITY CLERK

Fiscal information not required.