Legislation Details

File #: 26-299    Version: 1 Name:
Type: Information/Discussion Item Status: Agenda Ready
File created: 4/22/2026 In control: City Council
On agenda: 6/9/2026 Final action:
Title: Presentation of the City of Northfield Annual Comprehensive Financial Report for the Year Ended December 31, 2025.
Attachments: 1. 1 - 2025 FINAL Audit Presentation, 2. 2 - 2025 FINAL Annual Comprehensive Financial Report, 3. 3 - 2025 FINAL Executive Governance Summary
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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City Council Meeting Date:                     June 9, 2026

 

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, 2025.

 

Body

Action Requested:                     

Presentation of Northfield Annual Comprehensive Financial Report for the Year Ended December 31, 2025.

 

Summary Report:

A draft of the City of Northfield’s Annual Comprehensive Financial Report for the Year Ended December 31, 2025 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 16th meeting.

Alternative Options:

None recommended.

 

Financial Impacts:                     

Not applicable.

 

Tentative Timelines:

•                     June 9th - Council Audit Presentation

•                     June 16th - City Council accepts 2025 City audit report

•                     By June 30th City Auditors submit audit report to State (deadline of June 30th for State)