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HomeMy WebLinkAbout4 Annual Reports and Financial Statement Agenda Item # 4 TRUCKEE DONNER Public Utility District FINANCE BUSINESS ITEM To: Board of Directors From: Robert Mescher Date: July 15, 2015 Subject: Consideration of Accepting the Annual Reports and Financial Statements 1. WHY THIS MATTER IS BEFORE THE BOARD Approve the annual disclosure report and audited financial statements are solely within the purview of the Financing Corporation Board. 2. HISTORY The Financing Corporation Board reviews and approves the annual disclosure report. Also provided is a copy of the most recent audited financial statements of the Truckee Donner Public Utility District. The annual disclosure report is prepared according to the requirements of the continuing disclosure statement for the 2006 Certificates of Participation (2006 COP). 3. NEW INFORMATION Attached are the following reports: • Certificates of Participation (Water System Improvements) Series 2006 Annual Report as of December 31, 2014 (Attachment 1) • Truckee Donner Public Utility District annual audited financial statements as of December 31, 2014 (Attachment 2) 4. FISCAL IMPACT There is no fiscal impact associated with this action. 5. RECOMMENDATION Approve the annual disclosure report and audited financial statements for the 2006 COP continuing disclosure requirements. ;iGGy Robert Mescher Michael D. Holley Treasurer Secretary