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M 6KR
<br />CERTIFIED PUBLIC
<br />ACCOUNTANTS
<br />INDEPENDENT AUDITOR'S REPORT
<br />ON MINNESOTA LEGAL COMPLIANCE
<br />To the City Council and Management
<br />City of Mounds View, Minnesota
<br />PRINCIPALS
<br />Thomas A. Karnowski, CPA
<br />Paul A. Radosevich, CPA
<br />William J. Lauer, CPA
<br />James H. Eichten, CPA
<br />Aaron J. Nielsen, CPA
<br />Victoria L. Holinka, CPA/CMA
<br />Jaclyn M. Huegel, CPA
<br />Kalen T. Karnowski, CPA
<br />We have audited, in accordance with auditing standards generally accepted in the United States of
<br />America, and the standards applicable to financial audits contained in Government Auditing Standards,
<br />issued by the Comptroller General of the United States, the financial statements of the governmental
<br />activities, the business -type activities, each major fund, and the aggregate remaining fund information of
<br />the City of Mounds View, Minnesota (the City) as of and for the year ended December 31, 2023, and the
<br />related notes to the financial statements, which collectively comprise the City's basic financial statements,
<br />and have issued our report thereon dated April 29, 2024.
<br />MINNESOTA LEGAL COMPLIANCE
<br />In connection with our audit, we noted that the City failed to comply with provisions of the claims and
<br />disbursements section of the Minnesota Legal Compliance Audit Guide for the Cities, promulgated by the
<br />State Auditor pursuant to Minnesota Statutes § 6.65, insofar as they relate to accounting matters as
<br />described in the Schedule of Findings and Responses as finding 2023-002. Also, in connection with our
<br />audit, nothing came to our attention that caused us to believe that the City failed to comply with the
<br />provisions of the contracting — bid laws, depositories of public funds and public investments, conflicts of
<br />interest, public indebtedness, miscellaneous provisions, and tax increment financing sections of the
<br />Minnesota Legal Compliance Audit Guide for Cities, insofar as they relate to accounting matters.
<br />However, our audit was not directed primarily toward obtaining knowledge of such noncompliance.
<br />Accordingly, had we performed additional procedures, other matters may have come to our attention
<br />regarding the City's noncompliance with the above referenced provisions, insofar as they relate to
<br />accounting matters.
<br />CITY'S RESPONSE TO FINDING
<br />Government Auditing Standards requires the auditor to perform limited procedures on the City's response
<br />to the legal compliance finding identified in our audit and described in the accompanying Schedule of
<br />Findings and Responses. The City's response was not subjected to the other auditing procedures applied
<br />in the audit of the financial statements and, accordingly, we express no opinion on the response.
<br />PURPOSE OF THIS REPORT
<br />The purpose of this report is solely to describe the scope of our testing of compliance and the results of
<br />that testing, and not to provide an opinion on compliance. Accordingly, this report is not suitable for any
<br />other purpose.
<br />A.
<br />Minneapolis, Minnesota
<br />April 29, 2024
<br />-3-
<br />Malloy, Montague, Karnowski, Radosevich & Co., P.A.
<br />5353 Wayzata Boulevard • Suite 410 • Minneapolis, MN 55416 • Phone: 952-545-0424 • Fax: 952-545-0569 • www.mmkr.com
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