Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance Audit topic
No spam. Unsubscribe anytime.
Stevens County receives clean audit; board approves TriMin support agreement
Summary
Auditor reported a clean audit including single-audit work on ARPA funds and reviewed 2023 financial statements showing a $3.5 million increase in net position. The board also approved an updated support agreement with TriMin for financial software support for 2025–2027.
County auditor Stephanie presented the audit reporting, noting that the county exceeded the $750,000 single-audit threshold and that single-audit work covered ARPA funds. She told the board the county received a clean audit and reviewed the required supplemental information and notes.
Stephanie reported the county’s 2023 net position at $52,613,004.92, a year-over-year increase of approximately $3.5 million. Total 2023 revenues were $25,989,439 and expenditures were $22,422,028. She walked commissioners through fund balances and the reasons behind changes: the general fund ended with $5,920,504; road and bridge had $3,014,083; human services $5,934,563; the ditch fund increase was largely attributable to about $1.8 million in bond proceeds.
The board also considered an agreement between the Minnesota Counties Computer Cooperative and TriMin (TriMin provides financial software; CVT provides support). Staff noted fee updates for support in 2025–2027 and asked for a motion; the board approved the agreement by voice vote.
Auditor offered to answer additional questions and invited commissioners to meet with her for details beyond the high-level overview.
