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HomeMy WebLinkAbout2026-01-19 F02 FY2025 Audit ReportAGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: January 19, 2026 AGENDA ITEM:Consideration of approval of the Independent Auditor’s Final Report for the fiscal year ending June 30, 2025 FORMAT:Resolution SYNOPSIS INCLUDING PRO & CON: FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: Approve the FY2025 Independent Auditor’s Final Report as presented by Denman & Company on January 19th, 2026. RECOMMENDATION: Approve the resolution. ATTACHMENTS: I. Proposed Resolution PREPARED BY:Linda Burkhart REVIEWED BY: F2 THE CITY OF WAUKEE, IOWA RESOLUTION 2026- APPROVING THE INDEPENDENT AUDITOR’S FINAL REPORT FOR FISCAL YEAR ENDING JUNE 30, 2025 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 April 21, 2025; AND, WHEREAS, Denman and Company, LLP has audited the FY2025 books and finds them to be substantially in compliance with state laws; AND, WHEREAS, Denman and Company, LLP has prepared the FY2025 report to be in compliance with the GASB reporting requirements; AND, WHEREAS, there was one recommendation in Findings Related to the Financial Statements regarding cost basis of inventory and one recommendation in Findings Related to Required Statutory Reporting for exceeding the budget in the debt service function; AND, WHEREAS, representatives of Denman and Company, LLP presented their findings to the Mayor and Council at the January 19th, 2026 Council Meeting. NOW THEREFORE BE IT RESOLVED by the City of Waukee City Council in session this 19th day of January 2026 that it hereby approves the auditor’s Financial Report of General Purpose Financial Statements and Supplementary Information Schedule of Findings FY2025. ____________________________ Courtney Clarke, Mayor Attest: ___________________________________ Rebecca D. Schuett, City Clerk RESULTS OF VOTE: AYE NAY ABSENT ABSTAIN Kala Anderson Chris Crone Rob Grove Lori Lyon Anna Bergman Pierce