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CITY COUNCIL WORK SESSION <br />Topic Report: Presentation of Management <br />Report Pertaining to 2003 CAFR <br /> <br />Background: <br /> <br />Thc City is required to have an audit performed on an annual basis with a Comprehensive <br />Annual Financial Report (CAFR) prepared showing the financial condition of the City. <br />Thc auditing firm of Malloy, Montague, Karnowski, Radosevich & Co., P.A. (MMKR) <br />petq:ormed the City's audit in April of this year. <br /> <br />Mr. Ken Malloy, fi'om MMKR, will be presenting the management report, which gives a <br />brief summary of the CAFR and its findings. <br /> <br />Action Statement: <br /> <br />Prexenlalion q/'2003 Manctgement Report. <br /> <br />CCWS: 06/22/04 <br /> <br /> <br />