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Committee presses administration on missing audits, reconciliations and finance software limitations
Summary
Councilors and finance reviewers raised outstanding 2023 audit requirements, bank‑reconciliation gaps, year‑end transfers and finance‑software limitations; committee requested monthly statements and a reconciled budget worksheet and discussed hiring or consulting options to address capacity and reporting.
Council members used the finance committee meeting to press the administration for overdue audit deliverables, clearer reconciliations for department budgets, and a plan to address the city’s finance‑system limitations.
Audit and reconciliation concerns: Chair Gail Larson said she was “disappointed that the 2023 audit is not completed and shared with counsel yet” and asked for the unaudited 2024 reports to be sent to the auditor and the State Auditor. Councilors asked that the finance department post fourth quarter 2024 statements and monthly unaudited statements on the city website as they become available.
Bank reconc…
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