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HomeMy WebLinkAboutResolution 07-26RESOLUTION 07-26 RESOLUTION OF THE CITY COUNCIL OF THE TOWN OF LOS ALTOS HILLS ACCEPTING THE TOWN'S ANNUAL FINANCIAL REPORTS FOR THE YEAR ENDED JUNE 30, 2025 WHEREAS, the independent audit provides annual reports on the financial condition of the Town in accordance with Municipal Code Section 2-3.221; WHEREAS, the Town of Los Altos Hills contracted with the audit firm of Maze and Associates (Maze) to conduct an audit of the Town's financial records in accordance with Governmental Accounting Standards Board (GASB); and WHEREAS, the Annual Comprehensive Financial Report for the year ended June 30, 2025 was prepared in accordance with all relevant GASB pronouncement and best practices set by the Governmental Finance Officers Association and reviewed by Maze for fair presentation and free from material misstatement; and WHEREAS, it is recommended that the City Council accept the Town's ACFR for the year ended June 30, 2025 (by reference, available with the staff report); NOW THEREFORE, BE IT RESOLVED by the City Council of the Town of Los Altos Hills that the Council hereby accepts the Town's annual financial statements as prepared by Maze and Associates. The above and foregoing Resolution passed and adopted by the City Council of the Town of Los Altos Hills at a regular meeting held on the 15th day of January 2026, by the following vote: AYES: BHATEJA, TYSON, MOK, SWAN, TANKHA NOES: NONE ABSTAIN: NONE ABSENT: NONE ATTEST: Arika Birdsong -Miller, City Clerk RESOLUTION 07-26 BY: , Rajiv Bhateja, Mayor