HomeMy WebLinkAboutResolution No. 2026-68, Approving and Accepting the Annual Comprehensive Financial Report for the Fiscal Year Ending December 31, 2025
Resolution No. 2026-68
Approving and Accepting the Annual Comprehensive Financial Report for the Fiscal Year
Ending December 31, 2025
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, 2025; and
Whereas, Redpath and Company conducted a site visit between April 20, 2026, and May 4, 2026,
to complete the majority of the auditing process for the fiscal year ending December 31, 2025;
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 of any material
misstatement in accordance with Generally Accepted Accounting Principles (GAAP).
Now, be it resolved, that the City Council of the City of Fridley hereby approves and accepts the
Comprehensive Annual Finance Report for the fiscal year ending December 31, 2025.
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Passed and adopted by the City Council of the City of Fridley this 8 day of June, 2026.
_______________________________________
Dave Ostwald – Mayor
Attest:
________________________________________
Melissa Moore – City Clerk