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HomeMy WebLinkAbout2024-12-02 F02 FY2024 Audit ReportAGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: December 2, 2024 AGENDA ITEM:Consideration of approval of the Independent Auditor’s Final Report for the fiscal year ending June 30, 2024 FORMAT:Resolution SYNOPSIS INCLUDING PRO & CON: FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: Approve the FY2024 Independent Auditor’s Final Report as presented by Denman & Company on December 2nd, 2024 RECOMMENDATION: ATTACHMENTS: I. Proposed Resolution PREPARED BY:Linda Burkhart REVIEWED BY: F2 THE CITY OF WAUKEE, IOWA RESOLUTION 2024- APPROVING THE INDEPENDENT AUDITOR’S FINAL REPORT FOR FISCAL YEAR ENDING JUNE 30, 2024 IN THE NAME AND BY THE AUTHORITY OF THE CITY OF WAUKEE, IOWA WHEREAS, the City of Waukee, Iowa is an incorporated City within Dallas County, Iowa; AND, WHEREAS, the City Council of Waukee awarded a three-year contract for audit services to Denman and Company, LLP on May 6, 2019; AND, WHEREAS, the City Council of Waukee awarded a three-year contract extension for audit services to Denman and Company, LLP on July 10, 2023; AND, WHEREAS, Denman and Company, LLP has audited the FY2024 books and finds them to be substantially in compliance with state laws; AND, WHEREAS, Denman and Company, LLP has prepared the FY2024 report to be in compliance with the GASB reporting requirements; AND, WHEREAS, there were no recommendations in Findings Related to the Financial Statements and one recommendation in Findings Related to Required Statutory Reporting for exceeding the budget in the business type activities function; AND, WHEREAS, representatives of Denman and Company, LLP presented their findings to the Mayor and Council at the December 2, 2024 Council Meeting. NOW THEREFORE BE IT RESOLVED by the City of Waukee City Council in session this 2nd day of December 2024 that it hereby approves the auditor’s Financial Report of General Purpose Financial Statements and Supplementary Information Schedule of Findings FY2024. ____________________________ Courtney Clarke, Mayor Attest: ___________________________________ Rebecca D. Schuett, City Clerk RESULTS OF VOTE: AYE NAY ABSENT ABSTAIN R. Charles Bottenberg Chris Crone Rob Grove Anna Bergman Pierce Ben Sinclair