Auditor issues clean opinion on Rosemount’s 2025 financial statements; council accepts report 5–0

Aaron Nielsen, a principal at LB Carlson, presented the city—925 annual comprehensive financial report and said the auditors issued an unmodified (clean) opinion on the financial statements as of December 31, 2025. "We've issued an unmodified or a clean opinion on the financial statements," Nielsen said, adding that the city met its fund balance policy and remained within its target range.

Nielsen reviewed operations: combined governmental funds saw an approximate $2.1 million reduction in fund balance, general-fund revenues were about $21,300,000 and general-fund expenditures about $21,600,000, and taxes made up roughly 68.8% of general-fund revenue. He reported two audit findings: one sampled procurement transaction retained only a single quote where policy expects at least two, and four instances of invoices paid beyond the prompt-payment period without recorded interest. On internal controls, Nielsen said no material weaknesses or material deficiencies were reported.

City staff described steps taken to address the findings: the city implemented a new accounts-payable workflow to auto-escalate invoices and moved to weekly check runs to reduce payment delays, and staff reinforced bid/quote documentation practices. After council questions and staff responses, the mayor recorded a motion "by Esler, second by Tyson" to accept the 2025 financial reports; the roll call reflected a 5–0 vote to approve.