City Council Meeting Date: May 5, 2026
To: Mayor and City Council
City Administrator
From: Brenda Angelstad, Finance Director
Title
Presentation of Northfield Hospital and Clinics 2025 Audit.
Body
Action Requested:
The Northfield City Council will receive a report on the Northfield Hospital & Clinics 2025 financial results.
Summary Report:
Korey Boelter, Clifton Larson Allen, will present the 2025 Northfield Hospital & Clinics (NH+C) financial results. A copy of the presentation and audit are attached. NH+C’s Chief Executive Officer (CEO) Zander Abbott and Chief Financial Officer (CFO) Eric Guth will be present at the meeting.
The audit is required within Section 14.6 of the City Charter as follows:
Section 14.6. - Reports.
The board shall submit to the city council the annual audit of the city hospital and other reports as requested by the city council.
(Ord. No. 739, § 14.6, 11-6-2000)
Alternative Options:
N/A
Financial Impacts:
The Northfield Hospital & Clinics financial information is included in the City of Northfield financial statements.
Tentative Timelines:
N/A