Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Audit Finance topic
No spam. Unsubscribe anytime.
Council accepts clean 2025 audit; members cite AAA bond benefit
Summary
The St. Louis Park council approved a resolution accepting the city's 2025 audit and comprehensive financial report, noting a clean audit with no recommendations and crediting staff for maintaining the city's AAA bond rating and lower borrowing costs.
The St. Louis Park City Council on July 20 moved to accept the 2025 audit and comprehensive financial report. A council member told the body the audit document ran more than 175 pages with appendices and reported no recommended changes, describing the result as "an absolutely clean audit."
That council member said the clean audit and financial reporting awards (the 43rd consecutive year of recognition) help maintain the city's AAA bond rating and reduce borrowing costs for the city. The member also mentioned monthly disbursements and said they reviewed them in detail, citing a figure "I think it was $3,300,000 this time." The consent agenda including the audit resolution was moved and seconded and approved on a voice vote.
No follow‑up financial actions, amendments, or conditions were recorded at the meeting. Council members praised the finance staff for their work presenting the audit.
