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HomeMy WebLinkAboutIX-01 Presentation and Approval of 2022 Comprehensive Financial Report City Council Memorandum To: Mayor Fasbender & City Councilmembers From: Chris Eitemiller, Finance Manager Date: June 26, 2023 Item: Presentation and Approval of the 2022 Comprehensive Financial Report Council Action Requested: Presentation of the 2022 Annual Comprehensive Financial Report by Bergan KDV and Acceptance of the 2022 Annual Comprehensive Financial Report (ACFR). Background Information: The annual audit has been completed. Bergan KDV will review the results of the audit and the Auditor’s report and is available for questions tonight. The City earned an unmodified opinion or “clean” opinion which is the best opinion an auditor is able to offer. Financial Impact: No financial impact. Advisory Commission Discussion: N/A Council Committee Discussion: N/A Attachments: Bergan KDV presentation will be provided as soon as available The 2022 Certified Annual Financial Report will be posted on the City of Hastings’ website after it is formally accepted by the City Council. IX-01