HomeMy WebLinkAbout2020/06/15 - ADMIN - Minutes - City Council - Study Session Official minutes
City council special study session
St. Louis Park, Minnesota
June 15, 2020
The meeting convened at 5:45 p.m.
Councilmembers present: Mayor Jake Spano, Tim Brausen, Rachel Harris, Larry Kraft, Nadia
Mohamed, and Margaret Rog
Councilmembers absent: Anne Mavity
Staff present: City Manager (Mr. Harmening), City Attorney (Mr. Mattick), Director of
Community Development (Ms. Barton), Senior Accountant (Ms. Monson), Senior Planner (Mr.
Walther), Planner (Ms. Kramer), Senior Management Analyst (Ms. Solano), and Recording
Secretary (Ms. Pappas)
Guests: David Mol, Redpath and Ms. Diaz, Ehlers
1. CAFR for year ended Dec. 31, 2019 – auditor’s discussion and review
Mr. Mol presented the 2019 audit report . He noted 4 areas of review including: financial
statements, internal controls, legal compliance and governance.
Mr. Mol stated a clean opinion was found for the city’s 2019 financial statements and the city
received the award of excellence for the 36th year in a row.
Mr. Mol stated there was one item of financial adjustment related to the valuation of a
property at Highway 7, near the SWLRT. This item was finalized at the end of the 2019, and
resolved before the audit, but needed to be recorded as income in 2019 and was not . An
adjustment was made and there are no longer any issues associated with this.
Mr. Mol stated no items of non-compliance were noted, nor were there any issues with
financial statements. He added there were no difficulties conducting the audit, even during the
pandemic, and no disagreements with management.
Mr. Harmening thanked the city’s entire financial staff for their work on the audit.
The meeting adjourned at 6:25 p.m.
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Melissa Kennedy, city clerk Jake Spano, mayor
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