Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
East Bethel council adopts 2024 audited financial report showing stronger reserves
Summary
Council accepted the city's 2024 annual financial report after a presentation by auditors, who issued an unmodified opinion and noted a larger-than-expected general fund balance driven by permit and interest revenue.
The East Bethel City Council on March 24 adopted a resolution accepting the city's 2024 audited financial report after a presentation from auditing firm ABDO.
The auditors issued an unmodified opinion saying the 2024 financial statements are presented fairly and noted no instances of noncompliance with Minnesota statutes. The council approved Resolution Number 2025-515 accepting and adopting the 2024 City of East Bethel annual financial report.
Kelsey Larson of ABDO told the council the city ended 2024 with a much larger general fund balance than budgeted. The audit showed the general fund's fund balance as a percentage of next year's budgeted…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
