Legislation Details

File #: 26-307    Version: 1 Name:
Type: Motion Status: Consent Agenda
File created: 4/22/2026 In control: City Council
On agenda: 6/16/2026 Final action:
Title: Consideration of Acceptance 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, 4. 4 - 06-09-26 City Council Work Session Meeting video link (Audit Presentation)
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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City Council Meeting Date:                     June 16, 2026

 

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, 2025.

 

Body

Action Requested:                     

City Council approves a Motion to accept the City of Northfield Annual Comprehensive Financial Report for the Year Ended December 31, 2025.

 

Summary Report:

The final City of Northfield’s Annual Comprehensive Financial Report for the Year Ended December 31, 2025 is attached. Tom Olinger, CPA and Partner of Abdo, presented the audit at the work session on June 9, 2026.  There was a question and answer period at that time.

The acceptance by the City Council will complete the audit process for 2025.

Alternative Options:

None recommended.

 

Financial Impacts:                     

Not applicable.

 

Tentative Timelines:                     

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