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<br /> <br /> STAFF REPORT <br /> <br /> <br /> <br />TO: Mayor Keis and Members of the City Council <br /> <br />FROM: Chris Heineman, City Administrator <br /> <br />DATE: May 11, 2022 <br /> <br />RE: 2021 Annual Comprehensive Financial Report <br /> <br /> <br />ACTION TO BE CONSIDERED <br />Receive and accept the 2021 Annual Comprehensive Financial Report. <br /> <br />BACKGROUND <br />Representatives with the City’s auditing firm, CliftonLarsonAllen (CLA) will be in attendance to <br />present the 2021 highlights of the report. <br /> <br />The City is required by Minnesota law to have an external audit completed annually. The audit <br />provides reasonable assurance to the City Council and stakeholders that the financial statements <br />are free of material misstatement and that the financial statements are complete and reliable. <br /> <br />RECOMMENDATION <br />Receive and accept the 2021 Annual Comprehensive Financial Report. <br /> <br />