Comprehensive Annual Financial Report for FY 2009-10
Attached is the Comprehensive Annual Financial Report (CAFR) for fiscal year 2010 as prepared by the Clerk's Finance office. The basic financial statements and required supplementary information have been audited by the independent audit firm of Purvis Gray and Company.
The independent auditors also provide a Governance Letter in accordance with AICPA's Statement on Accounting Standards No. 114, "The Auditor's Communication with Those Charged with Governance."
Included for informational purposes are 6 year trend financial reports on the General Fund and select Proprietary Funds.
Also attached is a report of financial indicators comparing Hernando County to other similar counties in the state. The Auditor General's office provides this tool for local governments to measure their financial condition. The attachment (Hernando County-Entity Financial Data FY10) provides Hernando County's financial indicator graphs, a list of benchmarks and a chart which lists the entities used in comparison to measure Hernando County's financial condition.
|MOVER:||David D. Russell Jr., Commissioner|
|SECONDER:||Wayne Dukes, Vice Chairman|
|AYES:||James E. Adkins, Wayne Dukes, Jeff Stabins, John C. Druzbick, David D. Russell Jr.|