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Roseville audit: Redpath issues clean opinion, reports one audit adjustment; council accepts report
Summary
External auditors Redpath presented a clean (unmodified) opinion on Roseville’s 2024 financial statements, reported one required audit adjustment tied to sub-loans receivable, noted no Minnesota legal compliance findings, and the City Council unanimously accepted the 2024 financial reports.
Redpath Managing Director Rebecca Peterson told the Roseville City Council on May 12 that the firm issued a clean, unmodified opinion on the city’s 2024 financial statements and that the council should expect the city to receive the Government Finance Officers Association’s certificate of achievement for the 2024 report.
Peterson said, “Our opinion this year is a clean, unmodified opinion that the financial statements are fairly presented in all material respects.” She also reported a single audit adjustment above the reporting threshold, related to sub-loans receivable that…
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