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Linn Valley council approves 2023 audit, says numbers align with bonding rules
Summary
Council members voted to accept a revised 2023 audit after staff adjustments; the city manager and clerk said the changes brought the report in line with state and bonding requirements.
The Linn Valley City Council voted to approve the city's 2023 audit after staff revisions to account for timing differences in bills paid earlier in the year. Chair (speaker 1) said auditors submitted a second draft and staff, including clerk Mindy, reconciled earlier variances so the audit now complies with state bonding guidance.
"Mindy has had them reapproach it twice, and we have now brought this well within reason of approval for the audit," the chair said. Councilmember (speaker 2) moved to approve the audit "as presented," and the motion passed during the meeting.
Council members noted the audit was required by the state for third-class cities and for bonding protection. No further action was taken beyond approval; staff will file the audit as required.
