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Audit review finds small 2025 settlement adjustments with Woodland and Greenwood
Summary
City staff told the council that 2025 operations under joint powers agreements result in a $1,791.08 payment owed from Woodland to Deephaven and a $9,641.68 credit to Greenwood, largely driven by public works coming in under budget.
City staff reviewed the 2025 audited financials for the Woodland and Greenwood Public Services Joint Powers Agreements and reported settlement adjustments. According to staff, "the City of Woodland will need to pay the City of Deephaven an additional $1,791.08 for services rendered in 2025." Staff also reported the City of Greenwood will be credited $9,641.68 based on municipal operations for 2025, with the primary driver being public works costs coming in under budget for estimated labor and materials.
Council discussed the findings and no formal action was taken because the matter was on the agenda for discussion only. The council later approved the reconciliation as part of the consent agenda during the regular meeting.
