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BACKGROUND The City's independent auditors, LSL, completed the audit of the City's financial transactions and internal controls for FY 2021/22. The following reports were prepared by the City and audited by the City's independent auditors: • Annual Comprehensive Financial Report (ACFR) is the overall financial report for the entire City organization and provides information about the financial results of operations and numerous required disclosures. This is the financial report prepared by the City and audited by the independent auditors to provide reasonable assurance that the financial statements are fairly presented in accordance with generally accepted accounting principles (GAAP) in the United States. This report contains the Independent Auditors' Report, which is prepared by the auditors based on their examination of the City's financial transactions for the fiscal year ending June 30, 2022. • Community Transit Services, Senior Citizen, and Disabled Transportation Program Fund Financial Statements and Independent Auditors' Reports is the audit report required by the Transportation Development Act (TDA) for Article 4.5 funds received in FY 2021/22. TDA funds are used to support the transportation program for senior and disabled citizens in Pleasanton. This program is provided through the Pleasanton Rides program as managed by the Library and Recreation Department. Copies of the report are submitted to the Metropolitan Transportation Commission (MTC) for its review. • The City of Pleasanton Transportation Development Act Article III Fund Program Financial Statements and Independent Auditors' Reports is the required audit report for the grant funds received by the City for bike and pedestrian improvement projects. Copies of the report are submitted to the Metropolitan Transportation Commission for its review to show that the City is in compliance with the requirements governing expenditures of MTC funds for the year ending June 30, 2022. • Alameda County Transportation Commission Measure B Program Financial Statements and Independent Auditors' Reports is required by the Alameda County Transportation Commission (ACTC). Measure B, which is the one-half cent sales tax approved by Alameda County voters in 1986 and in 2000, provides funding for City transportation related projects. Copies of the report are submitted to ACTC to show the City is in compliance with the requirements governing expenditures of Measure B funds for the year ending June 30, 2022. • Alameda County Transportation Commission Measure BB Program Financial Statements and Independent Auditors' Reports is required by the Alameda County Transportation Commission (ACTC). Measure BB, an additional one-half cent sales tax approved by Alameda County voters in November 2014, provides funding for City transportation related projects. Copies of the report are submitted to ACTC to show the City is in compliance with the requirements governing expenditures of Measure BB funds for the year ending June 30, 2022. Page 2 of 7