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Council accepts 2025 annual financial report; report sent to state auditors and newspaper
Summary
The council accepted the Finance Officer's 2025 Annual Report and authorized sending it to the Department of Legislative Audit and the newspaper; the report lists total city funds and a detailed breakdown of accounts and reserves as of Dec. 31, 2025.
Finance Officer Linda Willman presented the 2025 Annual Report to the Wessington Springs City Council on March 16. Willman reported that, "As of December 31st, 2025, City Funds of $3,032,680.17 of the total funds of $3,033,080.17 were deposited in the American Bank and Trust of Wessington Springs," and provided a fund-by-fund breakdown for the council's review.
Councilman Pat Fastnacht moved to accept the report, with Kari Fagerhaug seconding; the motion passed unanimously (Ayes: 5, Nays: 0). The council directed that the annual report be forwarded to the Department of Legislative Audit and published in the local newspaper. The transcript records specific fund balances and reserve amounts in the accounting breakdown included with the report.
