Resolution No. 2024-78, Approving and Accepting the ACFR for the Fiscal Year Ending 12-31-2023
Resolution No. 2024-78
Approving and Accepting the Annual Comprehensive Financial Report
for the Fiscal Year Ending December 31, 2023
Whereas, Minnesota Statute § 471.697 and City Charter § 7.11 require the City Manager to
submit to the City Council and other parties a complete financial report for the City of Fridley
(City) for the preceding fiscal year; and
Whereas, the City engaged the Redpath and Company to audit the financial statements of the
governmental activities, business–type activities, aggregate discretely presented component
units, each major fund and aggregate remaining fund information of the City for the fiscal year
ending December 31, 2023; and
Whereas, Redpath and Company conducted a site visit between April 15, 2024, and April 26,
2024, to complete the majority of the auditing process for the fiscal year ending December 31,
2023; and
Whereas, as a result of this process, Redpath and Company issued an unmodified or “clean”
audit opinion, indicating the financial statements of the City are fairly presented and free on any
material misstatement in accordance with Generally Accepted Accounting Principles (GAAP).
Therefore, be it resolved, that the City Council of the City of Fridley hereby approves and
accepts the Comprehensive Annual Financial Report for the fiscal year ending December 31,
2023.
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Passed and adopted by the City Council of the City of Fridley this 10 day of June, 2024.
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Scott J. Lund – Mayor
Attest:
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Melissa Moore – City Clerk