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2.2.
CC Work Session
Meeting Date:
06/12/2018

Information

Title:

Review 2017 Comprehensive Annual Financial Report (CAFR), Management Report and Special Purpose Audit Reports

Purpose/Background:

The City's 2017 annual report has been completed.  Aaron Nielsen from the auditing firm of MMKR will be present to review the 2017 Comprehensive Annual Financial Report (CAFR), Management Report that provides auditors comments on audit process and the Special Purpose Audit Reports that report on Single Audit (related to grant funding of over $750,000 for the Mississippi Skyway and Mississippi River Trail projects), internal controls and legal compliance.

Mr. Nielsen will also be making a brief presentation of the audit report at the regularly scheduled council meeting.

The receipt of the 2017 CAFR and the request for submittal of the CAFR to the Governmental Finance Officers Association for the Certificate of Achievement in Financial Reporting has been placed on the Consent Agenda of tonight's meeting.

Timeframe:

30 minutes

Funding Source:

Auditing Services are funded under the Finance Department's budget.

Responsible Party(ies):

Finance Director

Outcome:

Presentation of the CAFR, Management Report and Special Purpose Reports by the City's auditing firm - MMKR.

Attachments

Form Review

Inbox Reviewed By Date
Kurt Ulrich Kurt Ulrich 06/07/2018 11:28 AM
Form Started By:
Diana Lund
Started On:
05/18/2018 11:32 AM
Final Approval Date:
06/07/2018