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0 <br />6 <br />7 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />29 <br />30 <br />31 <br />32 <br />33 <br />34 <br />35 <br />36 <br />37 <br />38 <br />39 <br />40 <br />41 <br />42 <br />43 <br />44 <br />45 <br />City Council Regular Meeting Minutes <br />June 27, 2017 <br />Page 2 <br />V. REPORTS FROM COMMISSION AND STAFF - NONE. <br />VI. GENERAL BUSINESS OF COUNCIL. <br />A. Presentation of 2016 Audit. <br />Ms. Peggy Moeller, representing Redpath, Ltd. presented a PowerPoint of the 2016 Audit <br />Review for the City of St. Anthony. The reports that were issued included the Comprehensive <br />Annual Financial Report, State Legal Compliance Report, Report on Internal Controls and <br />Communication with those Charged with Governance. For the Comprehensive Annual Financial <br />Report, Ms. Moeller noted the financial statements are the responsibility of management, the role <br />of the Independent Auditor is to report on the fair presentation of the financial statements and a <br />clean opinion was issued on the 2016 financial statements. <br />Ms. Moeller reported the State Legal Compliance Report is required by Minnesota Statute 6.65. <br />The OSA audit guide covers seven categories including contracting and bidding, deposits and <br />investments, conflicts of interest, public indebtedness, claims and disbursements, other <br />miscellaneous provisions and tax increment provisions and there were no findings of <br />noncompliance. <br />Ms. Moeller stated for the Report on Internal Control consideration of internal control as a basis <br />for designing audit procedures. No opinion was provided on internal control and there were no <br />findings for 2016. The financial results were reviewed including the General Fund, Water and <br />Sewer Enterprise Fund, the Liquor Fund, and HRA. <br />Ms. Moeller reviewed the Communication with Those Charged with Governance required <br />communications indicated no change in accounting policies, no difficulties encountered in <br />performing the audit, and no disagreements with management. <br />Councilmember Stille asked about the desegregation of duties and City Manager Casey stated <br />some responsibilities and duties were shifted. Ms. Moeller stated enough changes were made that <br />it is no longer a significant deficiency. <br />Mayor Faust noted Ms. Moeller works for the Council on the audit and not the Finance <br />Department. <br />Motion by Councilmember Stille, seconded by Councilmember Brever, to accept the 2016 Audit <br />as presented. <br />VII. REPORTS FROM CITY MANAGER AND COUNCIL MEMBERS. <br />City Manager Casey had no report. <br />Motion carried 5 -0. <br />