Laserfiche WebLink
Request for Action <br />To <br />Item Number <br />Mayor and City Council <br />6.2 <br />Agenda Section <br />Meeting Date <br />Prepared by <br />Presentations, Awards, <br />June 17, 2019 <br />Lori Ziemer, Finance Director <br />and Recognition <br />Item Description <br />Reviewed by <br />Comprehensive Annual Financial Report for the <br />Cal Portner, City Administrator <br />Year Ended December 31, 2018 <br />Reviewed by <br />Action Requested <br />Accept, by motion, the Comprehensive Annual Financial Report for the City of Elk River for the year <br />ended December 31, 2018. <br />Background/Discussion <br />The city is required to have an annual independent audit of its financial statements in which the audit firm <br />issues an opinion on the financial statements. <br />For fiscal year 2018, CliftonLarsonAllen LLP (CLA) conducted the city's audit and will present a <br />summary of the 2018 Comprehensive Annual Financial Report and audit results. <br />Financial Impact <br />N/A <br />Attachments <br />■ CLA Audit Presentation <br />■ Comprehensive Annual Financial Report for the year ended December 31, 2018 <br />■ Minnesota Legal Compliance Letter <br />■ Internal Control Letter <br />■ Governance Letter <br />The Elk River Vision <br />A PehoMing community Pitb revolutionary and spirited resourcefulness, exceptional P,` 01 W E H E 8 6 T <br />service, and community engagement that encourages and inspires prosperity INAWRE1 <br />