2.4.
| CC Work Session |
| Meeting Date: | 06/09/2026 |
| Primary Strategic Plan Initiative: | Identify and implement operational efficiencies, cost savings and additional funding sources. |
Information
Title:
Review 2025 Annual Comprehensive Financial Report, Management Report & Special Purpose Report
Purpose/Background:
The City's 2025 annual report has been completed. Aaron Nielsen from the auditing firm of LB Carlson will be present to review the 2025 Annual Comprehensive Financial Report and Management Report that provides auditor's comments on audit process and the Special Purpose Audit Reports on 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 2025 Annual Comprehensive Financial Report and the request for submittal of the Annual Comprehensive Financial Report 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.
Mr. Nielsen will also be making a brief presentation of the audit report at the regularly scheduled council meeting.
The receipt of the 2025 Annual Comprehensive Financial Report and the request for submittal of the Annual Comprehensive Financial Report 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.
Time Frame/Observations/Alternatives:
20 to 30 minutes. This item should be started no later than 6:30 P.M.
Funding Source:
Auditing services are funded under the finance department's budget.
Recommendation:
Presentation of the summarization of the Annual Comprehensive Report, Management Report and Special Purpose Report.
Outcome/Action:
Presentation of the summarization of the Annual Comprehensive Report, Management Report and Special Purpose Report.
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Brian Hagen | Brian Hagen | 06/04/2026 10:31 AM |
- Form Started By:
- Diana Lund
- Started On:
- 05/22/2026 12:51 PM
- Final Approval Date:
- 06/04/2026