Report 2020-804 Recommendation 7 Responses

Report 2020-804: City of Lindsay: It Must Take Substantial Action to Address Its Financial Problems and Its Inadequate Management Practices (Release Date: August 2021)

Recommendation #7 To: Lindsay, City of

Lindsay should adopt a policy for long-range financial planning by February 2022 that, at a minimum, identifies the forecast period for the plan, the funds it will include, efforts the city will make to increase revenues and decrease expenditures, and the frequency with which the finance director and the city manager will review the plan and propose any updates to the city council.

6-Month Agency Response

On February 22, 2022, the Lindsay City Council approved the City of Lindsay Fiscal Sustainability and Financial Administration Improvement Plan via Resolution 22-10 which includes a policy for long-term financial planning (Exhibit I).

California State Auditor's Assessment of 6-Month Status: Fully Implemented

60-Day Agency Response

The city plans to provide a policy for long-term financial planning to the Lindsay City Council for approval on or before February 2022.

California State Auditor's Assessment of 60-Day Status: Pending

All Recommendations in 2020-804

Agency responses received are posted verbatim.