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Walker audit returns clean opinion; library bond proceeds and reserves noted
Summary
The city auditor delivered a clean audit opinion for Walker with a management letter noting minor reconciling differences, recorded library bond proceeds and reported an unassigned general fund balance of about $16.5 million (a $1.3 million decrease). City pension and OPEB funding levels were discussed.
The annual financial audit for the City of Walker produced a clean opinion, the auditor told the commission during the Nov. 24 Committee of the Whole meeting.
Auditor Mike Frattevelt said auditors found no material issues obtaining information from staff and reported only a brief management-letter comment related to reconciling a small number of long-outstanding checks between the tax system and the…
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