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Auditors on site; staff to present ACFR to council in December, treasury note to be reinvested
Financial Review Committee · June 12, 2023
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Summary
Auditors are on-site and have reported no findings so far; staff added a single (federal) audit tied to ARPA funds. A $3 million Treasury note maturing Oct. 31 will be reinvested in a 5-year T-note; staff plans to present the ACFR to council in December.
City staff told the Financial Review Committee that auditors were on-site for final field work and that, as of the meeting, auditors had reported no findings. Because of American Rescue Plan Act (ARPA) funding, the auditors included a federal…
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