City Council Meeting Date: June 11, 2024
To: Mayor and City Council
From: Ben Martig, City Administrator
Brenda Angelstad, Finance Director
Title
Presentation of the City of Northfield Annual Comprehensive Financial Report for the Year Ended December 31, 2023.
Body
Action Requested:
Presentation of Northfield Annual Comprehensive Financial Report for the Year Ended December 31, 2023.
Summary Report:
A draft of the City of Northfield’s Annual Comprehensive Financial Report for the Year Ended December 31, 2023 will be presented and discussed. Tom Olinger, CPA and Partner at Abdo will be presenting the audit at the meeting.
The final Annual Comprehensive Financial Report will be scheduled for acceptance at the June 18h meeting.
A presentation is planned to come as a supplemental memo on Monday.
Alternative Options:
None recommended.
Financial Impacts:
Not applicable.
Tentative Timelines:
• June 11th - Council Audit Presentation
• June 18th - City Council accepts 2023 City audit report
• By June 30th City Auditors submit audit report to State (deadline of June 30th for State)