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05-22-2024 Council Packet
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05-22-2024 Council Packet
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<br /> <br />To effectively implement strong segregation of duties it will require adding additional staffing. <br />City staff does not recommend increasing the staff to remove the finding since the additional <br />costs of implementing the necessary controls outweigh the benefits that would be derived. The <br />finance team will continue to utilize all of the existing resources to help mitigate this risk in all <br />of its finance processes. <br /> <br />The council will have the opportunity to ask questions after the presentation. <br /> <br /> <br />STAFF RECOMMENDATION <br />Receive and accept the 2023 Annual Comprehensive Financial Report. <br /> <br />ATTACHMENTS <br /> <br />• 2023 Annual Comprehensive Financial Report – Draft <br />• Other Required Reports – Draft <br />• Executive Governance Summary – Draft <br /> <br /> <br /> <br /> <br />
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