City of Northfield MN
File #: 25-332    Version: 1 Name:
Type: Motion Status: Consent Agenda
File created: 10/1/2024 In control: City Council
On agenda: 6/17/2025 Final action:
Title: Consideration of Acceptance of the City of Northfield Annual Comprehensive Financial Report for the Year Ended December 31, 2024.
Indexes: 2026 Budget
Attachments: 1. 1 - 2024 FINAL Audit Presentation, 2. 2 - 2024 FINAL Annual Comprehensive Financial Report, 3. 3 - 2024 FINAL Executive Governance Summary, 4. 4 - Council Worksession 2024 Audit Presentation Video (click on agenda item no.1)
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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City Council Meeting Date:                     June 17, 2025

 

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, 2024.

 

Body

Action Requested:                     

Staff recommends a Motion to accept the City of Northfield Annual Comprehensive Financial Report for the Year Ended December 31, 2024.

 

Summary Report:

The final City of Northfield’s Annual Comprehensive Financial Report for the Year Ended December 31, 2024 is attached. Tom Olinger, CPA and Partner of Abdo, presented the audit at the work session on June 10, 2025.  There was a question and answer period at that time.

The acceptance by the City Council will complete the audit process for 2024.

Alternative Options:

None recommended.

 

Financial Impacts:                     

Not applicable.

 

Tentative Timelines:                     

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