FY2014 Recommended Budget - City of Surprise

Financial Review (Continued)
( )
• Council immediately set the policy direction that
its priority p y financial ggoal
was to re-establish the
general fund reserve (approximately $11.6
million) within 24 months, or by June 30, 2014
• Th The post t audit dit field fi ld work k iis complete l t and d th the
final report will be provided to Council on June
18, 8, 2013 0 3 aand d accepted by Cou Council c oon Ju June e 25, 5,
2013
• To assist in the finalization of the FY2014 budget,
th the auditors dit hhave provided id d us with ith th the needed d d
information that there will be no
changes/impacts to the general fund as a result
of the post-audit work
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