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<br />An Independently Owned Member, RSM US Alliance <br /> <br /> <br />1 <br />www.schlennerwenner.cpa <br /> <br />Members of Governance <br />City of Lake Elmo, Minnesota <br /> <br /> <br />We are pleased to present this report related to our audit of the basic financial statements of the City of Lake Elmo (the <br />City) as of and for the year ended December 31, 2023. This report summarizes certain matters required by professional <br />standards to be communicated to you in your oversight responsibility for the City’s financial reporting process. <br /> <br />This report is intended solely for the information and use of the members of governance and management and is not <br />intended to be, and should not be, used by anyone other than these specified parties. It will be our pleasure to respond <br />to any questions you have regarding this report. We appreciate the opportunity to continue to be of service to the City. <br /> <br /> <br /> <br /> <br /> <br />SCHLENNER WENNER & CO. <br />St. Cloud, Minnesota <br />June 11, 2024 <br />