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compliance with the requirements governing expenditures of Measure BB funds for the year ending June 30, 2021. • Independent Accountants' Report on Agreed-Upon Procedures Applied to Appropriations Limit Schedule is required by the State of California in Section 1 .5 of Article XIIIB of the California Constitution. Article XIIIB of the California Constitution limits the amount that governmental agencies can annually appropriate from proceeds of taxes. An annual calculation, factoring in population and inflation changes, is performed each year to determine the new appropriation limit. The appropriation limit for the FY 2021/22 was approved by Council by resolution in June 2021 . • Alameda County Transportation Commission — Measure F Funds Financial Statements and Independent Auditors' Reports is required by the Alameda County Transportation Commission (ACTC). Under Measure F, approved by the voters of Alameda County in November 2010, the City receives a portion of the proceeds of the $10 per year vehicle registration fee for funding transportation related projects. Copies of the report are submitted to ACTC to show that the City is in compliance with the requirements governing expenditures of Measure F funds for the year ending June 30, 2021 . • The Auditors' Communications Letter includes the auditors' letter, addressed to the City, communicating their responsibilities in performing the audit and if any, significant findings and issues detected during the course of the audit. The report references the City of Pleasanton Management Representation Letter, addressed to the auditors, communicating management's opinion of the City's financial condition, internal controls, and adherence with laws and regulations. • The Independent Auditors' Report on Internal Control reports includes a review of the City's internal controls, based on the audits of the ACFR and Measures B, BB and F financial reports. If the auditor identifies deficiencies, they identify recommendations to improve internal controls. • The Popular Annual Financial Report is a new report for the City. The GFOA established standards for Popular Annual Financial Report in 1991 to encourage and assist state and local governments to extract information from their annual comprehensive financial report to produce financial reports specifically designed to be accessible and easily understandable to the general public and other interested parties without a background in public finance. Staff and the City's auditor will make a brief presentation to the Audit Committee on these reports at our scheduled meeting. Staff and LSL will issue a Single Audit Report in February 2022. The Single Audit Report is the audit report required by the Single Audit Act of 1984. This report contains a schedule of Federal Financial Assistance that summarizes Federal grant activity in the City of Pleasanton for the fiscal year. Page 3 of 4