City of Northfield MN
File #: 24-402    Version: 1 Name:
Type: Motion Status: Passed
File created: 9/28/2023 In control: City Council
On agenda: 6/18/2024 Final action:
Title: Consideration of Acceptance 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, 2. 2 - 2023 FINAL Annual Comprehensive Financal Report, 3. 3 - 2023 FINAL Executive Governance Summary
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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City Council Meeting Date:                     June 18, 2024

 

To:                                          Mayor and City Council

                                          

From:                                          Ben Martig, City Administrator

                                          Brenda Angelstad, Finance Director

 

Title

Consideration of Acceptance of the City of Northfield Annual Comprehensive Financial Report for the Year Ended December 31, 2023.

 

Body

Action Requested:                     

Staff recommends a Motion to accept the City of Northfield Annual Comprehensive Financial Report for the Year Ended December 31, 2023.

 

Summary Report:

The final City of Northfield’s Annual Comprehensive Financial Report for the Year Ended December 31, 2023 is attached. Tom Olinger, CPA and Partner of Abdo, presented the audit at the work session on June 11, 2024.  There was a question and answer period at that time.

The acceptance by the City Council will complete the audit process for 2023.

Alternative Options:

None recommended.

 

Financial Impacts:                     

Not applicable.

 

Tentative Timelines:                     

The audit will be submitted to the State by the June 30th deadline.