Kanopolis GAAP Waiver Resolution

(First Published in the Ellsworth County Independent/
Reporter, June 17, 2021)

CITY OF KANOPOLIS, KANSAS
RESOLUTION # 2021-R-02
RESOLUTION TO WAIVE FIXED ASSETS –
GAAP WAIVER 2020

WHEREAS the City of Kanopolis, Kansas, has determined that the financial statements and financial reports for the year ended 2020 to be prepared in conformity with the requirements of K.S.A. 75-1120a, (a) are not relevant to be requirements of the cash basis and budget laws of this state and are of no significant value to the Governing Body or the members of the general public of the City of Kanopolis.
WHEREAS there are no revenue bonds ordinances or other ordinances or resolutions of said municipality which require financial statements and financial reports to be prepared in conformity with said act for the year ended 2020.
NOW, THEREFORE BE IT RESOLVED, by the Governing Body of the City of Kanopolis, Kansas in regular meeting duly assembled this 8th day of June 2021, that the said Governing Body requests the Director of Accounts and Reports to waive the requirements of said law as they apply to the City of Kanopolis for the year ended 2020.
BE IT FURTHER RESOLVED that the said Governing Body shall cause its financial statements and financial reports of the said municipality to be prepared on the cash receipts and disbursements as adjusted to show compliance with the cash basis and budget laws of this State.
Passed by the Governing Body of the City of Kanopolis this 8th day of June 2021.

Anthony Hopkins – Mayor

ATTEST:

Debra S. Stroede-Kralik
City Clerk
1t 6/17