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Inver Grove Heights accepts clean 2024 audit and accepts GFOA reporting award

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City council received auditors' presentation, accepted the 2024 Annual Comprehensive Financial Report with an unmodified opinion and noted the finance team's long-running GFOA achievement award.

The Inver Grove Heights City Council on Monday received a presentation from the city's external auditors and accepted the 2024 Annual Comprehensive Financial Report, which carried an unmodified (clean) opinion.

The report was presented by Bonnie Schweiger, CPA, the lead auditor from ABDO, and by the city's finance staff. Schweiger told the council the auditors issued an unmodified independent audit report and found no compliance issues with Minnesota legal requirements or with federal single-audit standards for the federal funds the city spent. "We have issued an unmodified opinion within the financial statements,"…

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