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<br /> <br /> <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 <br />(the City) as of and for the year ended December 31, 2024. This report summarizes certain matters required by <br />professional standards to be communicated to you in your oversight responsibility for the City’s financial reporting <br />process. <br /> <br />This report is intended solely for the information and use of the members of governance and management and is <br />not intended to be, and should not be, used by anyone other than these specified parties. It will be our pleasure to <br />respond to any questions you have regarding this report. We appreciate the opportunity to continue to be of service <br />to the City. <br /> <br /> <br /> <br /> <br /> <br />SCHLENNER WENNER & CO. <br />St. Cloud, Minnesota <br />June 23, 2025 <br />