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Finance director says auditors have begun CAFR work; bank reconciliations delaying trial balance

3000985 · April 15, 2025
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

Finance Director Sherry Roberts told the council auditors have begun work on the Comprehensive Annual Financial Report (CAFR) for fiscal 2023–24 but said unresolved bank reconciliations and a utility billing conversion are delaying a secure trial balance; staff aim to finish reconciliations by Monday so auditors can proceed.

During the council's financial report discussion, Finance Director Sherry Roberts told the council that auditors have begun work on the fiscal 2023–24 Comprehensive Annual Financial Report (CAFR) but that the auditors do not yet have a secure trial balance because bank…

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