File #: 24-379    Version: 1 Name:
Type: Information/Discussion Item Status: Agenda Ready
File created: 9/28/2023 In control: City Council
On agenda: 6/11/2024 Final action:
Title: Presentation of the City of Northfield Annual Comprehensive Financial Report for the Year Ended December 31, 2023.
Indexes: 2025 Budget
Attachments: 1. 1 - 2023 FINAL Audit Presentation UNLOCKED, 2. 2 - 2023 FINAL Annual Comprehensive Financal Report UNLOCKED, 3. 3 - 2023 FINAL Executive Governance Summary UNLOCKED
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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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)