32845
ADOPTED - BOARD OF TRUSTEES COMMUNITY COLLEGE DISTRICT NO. 508 DECEMBER 10, 2015
BOARD OF TRUSTEES OF COMMUNITY COLLEGE DISTRICT NO. 508 COUNTY OF COOK AND STATE OF ILLINOIS
RESOLUTION
TO TRANSMIT FISCAL YEAR 2015 ANNUAL AUDIT OFFICE OF FINANCE
WHEREAS, pursuant to Section 7-24 of the 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 of the 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 of the board";
WHEREAS, the City Colleges of Chicago audit for Fiscal Year 2015 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 fo^ Fiscal Year 2015;
NOW, THEREFORE BE IT RESOLVED, that McGladrey LLP has submitted the Fiscal Year 2015 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.
December 10, 2015 - Office of Finance
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CITY COLLEGES OF CHICAGO
Fiscal Year Ended June 30, 2015
Comprehensive Annual Financial Report
Richard J. Daley | Kennedy-King | Malcolm X | Olive-Harvey | Harry S Truman | Harold Washington [ Wilbur Wright
CITY COLLEGES*
of CHICAGO
Education that Works
Rahm Emanuel
Mayor, City of Chicago, Illinois
Cheryl L. Hyman
Chancellor
Charles R. Middleton
Board Chair
Board of Trustees of Community College
District No. 508
Cook County, State of Illinois
CITY COLLEGES
OF CHICAGO
RICHA...
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