CITY COLLEGES
of CHICAGO
Education that Works
December 23, 2013
Dear Colleague:
City Colleges of Chicago is pleased to present the Comprehensive Annual Financial Report (CAFR) for its Fiscal Year 2013. This comprehensive report reflects detailed financial information and statistics. Additional copies of these reports are available from the Office of Finance at 312-553-3330 or on our website at
.
Melanie A.J. Shaker Vice Chancellor, Finance and CFO
O oZl
zx>—ro ro
32068
ADOPTED - BOARD OF TRUSTEES COMMUNITY COLLEGE DISTRICT NO. 508 NOVEMBER 7, 2013
BOARD OF TRUSTEES OF COMMUNITY COLLEGE DISTRICT NO. 508 COUNTY OF COOK AND STATE OF ILLINOIS
RESOLUTION
TO TRANSMIT FISCAL YEAR 2013 ANNUAL AUDIT OFFICE OF FINANCE
WHEREAS, pursuant to Section 7-24 ofthe Illinois Public Community College Act, "the board shall yearly, and may as often as necessary, appoint certified public accountants to examine the business methods and audit the accounts ofthe board, and to submit a report of that examination and audit, together with any of their recommendations as to changes in business methods of the board or any of its departments, officers or employees. That report shall be made to the mayor, the city council and the board and be filed in the records ofthe board";
WHEREAS, the City Colleges of Chicago audit for Fiscal Year 2013 was completed by McGladrey LLP, which found that there was a reasonable basis for rendering an unqualified opinion that the District's financial statements were fairly presented in conformity with Generally Accepted Accounting Principles (GAAP); and
WHEREAS, the Office of Finance has reviewed the completed audit for Fiscal Year 2013;
NOW, THEREFORE BE IT RESOLVED, that McGladrey LLP has submitted the Fiscal Year 2013 audit and the Board authorizes the transmission of said audit to the Mayor and the City Council with a copy filed in the records of the Board.
...
Click here for full text