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Cottage Grove staff outline audit catch-up and plan for balanced April budget
Summary
City Manager Sauerwein said staff hired independent CPAs and plan to be caught up on annual audits by the end of next year and present a balanced budget in April, while councilors pressed for clearer interim numbers and education for budget committee members.
City Manager Sauerwein told the Cottage Grove City Council the city has hired an independent CPA as interim finance director and a second CPA to catch up outstanding annual audits, and staff now expect to be “caught up on our annual audits by the end of next year.”
Sauerwein said the budget process timeline has been moved up by roughly a month so the council will receive a proposed, balanced budget in April and have over a month to review it before final adoption. “Everything is…
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