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Hooper audit shows no new findings; staff previews fund balances and capital plans
Summary
Auditor Kurt and city finance staff presented the annual audit to the council and reported no new findings; a prior-year fund-balance finding was recorded as fixed.
Auditor Kurt was scheduled to present the city's financial audit, and finance staff summarized the highlights for the council: the city had no new audit findings this year, and the prior-year finding regarding an overdrawn general-fund balance had been resolved.
Cammy told the council the city's net position increased by about 11.9% and that government-wide governmental funds rose roughly 19.65% from the prior year. In department-level planning,…
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