Laserfiche WebLink
7 <br />Report on Internal Control over Compliance (Continued) <br />Our audit was not designed for the purpose of expressing an opinion on the effectiveness of internal <br />control over compliance. Accordingly, no such opinion is expressed. <br />The purpose of this report on internal control over compliance is solely to describe the scope of our <br />testing of internal control over compliance and the results of that testing based on the requirements <br />of the Uniform Guidance. Accordingly, this report is not suitable for any other purpose. <br />Report on Schedule of Expenditures of Federal Awards Required by the Uniform Guidance <br />We have audited the financial statements of the governmental activities, the business-type <br />activities, the discretely presented component units, each major fund, and the aggregate remaining <br />fund information of the City of Elk River, Minnesota, as of and for the year ended December 31, <br />2024, and the related notes to financial statements which collectively comprise the City's basic <br />financial statements. We issued our report thereon dated June 6, 2025, which contained unmodified <br />opinions on those financial statements. Our audit was conducted for the purpose of forming opinions <br />on the financial statements that collectively comprise the basic financial statements. The <br />accompanying schedule of expenditures of federal awards is presented for purposes of additional <br />analysis as required by the Uniform Guidance and is not a required part of the financial statements. <br />Such information is the responsibility of management and was derived from and relates directly to <br />the underlying accounting and other records used to prepare the financial statements. The <br />information has been subjected to the auditing procedures applied in the audit of the financial <br />statements and certain additional procedures, including comparing and reconciling such information <br />directly to the underlying accounting and other records used to prepare the financial statements or <br />to the financial statements themselves, and other additional procedures in accordance with auditing <br />standards generally accepted in the United States of America. In our opinion, the Schedule of <br />Expenditures of Federal Awards is fairly stated in all material respects in relation to the basic <br />financial statements as a whole. <br />Minneapolis, Minnesota <br />June 6, 2025 <br />Page 411 of 637