The document records the City of Alamo’s written response to an auditor’s audit of FY 09‑10. It contests the auditor’s claim that the city’s finance staff lack GAAP expertise and argues that the city already meets industry standards for reporting and for tracking construction‑in‑process expenditures.
| Fiscal year audited | FY 09‑10 (ended September 30, 2010) |
| Auditor's opinion | Unqualified Opinion |
| Prior years auditor prepared GAAP statements | FY 05‑06, FY 06‑07, FY 07‑08, FY 08‑09 |
| Frequency of GAAP statements to City Commission | Yearly, presented with the audit |
| Deficiency reporting frequency | Monthly or more frequently as required |
| Auditor’s commendation | City praised for outstanding financial performance for FY 09‑10 |