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Agenda - Council Work Session - 06/25/2024
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Agenda - Council Work Session - 06/25/2024
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
06/25/2024
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CC Work Session <br />Meeting Date: 06/25/2024 <br />Primary Strategic Plan Initiative: Not Applicable <br />Information <br />2. 5. <br />Title: <br />Review 2023 Annual Comprehensive Finance Report, Management Report and Special Purpose Report - Please <br />Note: this case was moved from case 2.4 to case 2.5. <br />Purpose/Background: <br />The City's 2023 annual report has been completed. Aaron Nielsen from the auditing firm of MMKR will be <br />present to review the 2023 Annual Comprehensive Financial Report and Management Report that provides <br />auditors comments on audit process and the Special Purpose Audit Reports on internal controls and legal <br />compliance. <br />Mr. Nielsen will also be making a brief presentation of the audit report at the regularly scheduled council meeting. <br />The receipt of the 2023 Annual Comprehensive Financial Report and the request for submittal of the Annual <br />Comprehensive Financial Report to the Governmental Finance Officers Association for the Certificate of <br />Achievement in Financial Reporting has been placed on the Consent Agenda of tonight's meeting. <br />Timeframe: <br />30 minutes <br />Funding Source: <br />Auditing services are funded under the finance department's budget. <br />Responsible Party(ies): <br />Finance Director <br />Outcome: <br />Presentation of the summarization of the Annual Comprehensive Report, Management Report and Special <br />Purpose Report. <br />2023 Annual Comprehensive Financial Report <br />2023 Management Report <br />2023 Special Purpose Report <br />Attachments <br />Form Review <br />Inbox Reviewed By Date <br />Brian Hagen Kathy Schmitz 06/20/2024 03:27 PM <br />Form Started By: Diana Lund Started On: 05/21/2024 08:08 AM <br />Final Approval Date: 06/20/2024 <br />
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