Item Coversheet

9.A.1.


Shakopee City Council
JuneĀ 5, 2018


FROM:Darin Nelson, Finance Director
TO:Mayor and Council Members
Subject:
2017 Annual Financial Report, Audit Presentation and Review by Staff from Abdo Eick & Meyers
Policy/Action Requested:
Accept the 2017 Audit and accompanying reports, as presented by the audit staff from Abdo Eick & Meyers
Recommendation:
Approve the 2017 Comprehensive Annual Financial Report (CAFR) as presented.
Discussion:
Annually the City of Shakopee's finance staff and Abdo Eick & Meyers audit staff undertake an extensive audit process, beginning in December and continuing into April. The audit results, Comprehensive Annual Financial Report (CAFR), and accompanying data will be presented and discussed at the June 5, 2018 meeting by Andy Berg, Partner with Abdo Eick & Meyers
Budget Impact:
No budget impact
ATTACHMENTS:
Description
2017 CAFR
2017 Management Letter
2017 Other Required Reports
Audit Presentation