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Council accepts 2024 audited financial statements; auditors report material weaknesses
Summary
Baker Tilly presented the 2024 audit to Crookston City Council March 16. Auditors issued an unmodified (clean) opinion but reported a restatement and several material weaknesses — segregation of duties, financial close process, bank reconciliations and fixed‑asset records — and recommended governance attention.
Crookston City Council voted March 16 to accept the city’s 2024 audited financial statements after a presentation by Baker Tilly.
Sheen Hediger, principal at Baker Tilly, told the council the firm issued an unmodified opinion on Crookston’s financial statements — a clean audit — while noting a restatement that moved a $360,000 note payable out of the municipal land and building fund to align with accrual reporting. Hediger said the report also…
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