April 30th, 2025 Special Meeting of the Audit Committee

Summary

The April 30th, 2025 special meeting of the audit committee discussed the fiscal year 24 annual comprehensive financial report and the federal and state single audit reports submitted by the finance department. The committee heard a presentation from Clifton Larson Allen, the city's auditors, who reported an unmodified opinion on the financial statements and noted improvements in the city's financial management. The committee also discussed the request for proposal (RFP) process for auditing services and recommended approval of Clifton Larson Allen as the auditor for the next two fiscal years with possible one-year renewals. The meeting concluded with a motion to adjourn.

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April 30th, 2025 Special Meeting of the Audit Committee

Summary

The April 30th, 2025 special meeting of the audit committee discussed the fiscal year 24 annual comprehensive financial report and the federal and state single audit reports submitted by the finance department. The committee heard a presentation from Clifton Larson Allen, the city's auditors, who reported an unmodified opinion on the financial statements and noted improvements in the city's financial management. The committee also discussed the request for proposal (RFP) process for auditing services and recommended approval of Clifton Larson Allen as the auditor for the next two fiscal years with possible one-year renewals. The meeting concluded with a motion to adjourn.