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Crookston audit: clean opinion but five internal-control issues and two compliance findings
Summary
Auditor Miller McDonald reported an unmodified 2023 audit opinion for Crookston’s financial statements but flagged five internal-control deficiencies and two Minnesota compliance items; city staff acknowledged staffing turnover and said steps are under way to address the problems.
John Roscoe of Miller McDonald told the Crookston City Council that the firm issued an unmodified opinion on the city’s 2023 financial statements, meaning the statements were presented "fairly in all material respects." He said materiality was applied by fund, with sample thresholds such as $77,000 for the general fund and $100,000 for the water fund.
Roscoe listed five internal-control deficiencies identified during the audit: timeliness of bank reconciliations (a new finding), classification and monitoring of bond/fund balances (repeat), incomplete documentation for some…
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