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Shell Lake audit: city earns top rating in 2023 financial statement presentation

City of Shell Lake City Council · October 14, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Auditor Brandon Wilger told the Shell Lake City Council that the audited 2023 Financial Statements earned "the highest rating possible by an auditing firm" during the Oct. 14 council meeting; council members also received a budget status report and routine department updates.

Brandon Wilger of Two Rivers Accounting presented the audited 2023 Financial Statements to the Shell Lake City Council on Oct. 14, 2024, after Council President Ken Schultz moved the presentation to the front of the agenda. Wilger said the city "earned the highest rating possible by an auditing firm," signaling a strong audit outcome for the fiscal year.

The presentation was followed by a budget status report from Councilmember Stephen Smith and informational reports from department heads, including Public Works Director Mitch Brown and Chief of Police Mike Jasczcak. City Administrator and Clerk Andy Eiche also delivered the Zoning Administrator report.

The audit presentation provides the council with an independent assessment of the city’s 2023 financial statements; Wilger’s description of the top rating indicates no material weaknesses were reported in the summary the council received. The budget status report and voucher approvals that followed gave council members current context on city finances as they moved forward with administrative business.

No formal action on the audit itself was recorded in the transcript; the meeting record shows informational acceptance rather than a council vote specifically adopting the audit document. The council did, however, approve vouchers for payment later in the meeting (see council actions).