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Public commenter flags discrepancies in budget appendix and AFR reporting

Fiscal Committee, Bloomington City · August 10, 2026

Summary

Kevin Keogh, a public commenter, told the committee he found inconsistencies between the budget book appendix and AFR reports, noted missing fund listings and changes in fund numbers, and asked for clearer disclosures and a flowchart showing fund interactions.

During the public-comment period, Kevin Keogh described a multi-point review of the budget book appendix versus AFR reports and said the appendix omits the beginning and ending fund balances present in the AFR, raising concerns about how funds are disclosed and tracked.

Keogh said he would provide his worksheet to Controller McCombs for follow-up and urged expanded disclosures, writing: "The budget book, the appendix a, does not include, the beginning or the ending fund balance, which should equal the cash and investments." He also said he found funds listed in the AFR that were not included in the appendix and suggested a flowchart to help the public understand fund interactions.

McCombs thanked him and invited written comments and follow-up; the committee encouraged staff to review Keogh’s submissions and to clarify appendix disclosures in future budget materials.

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