HomeMy WebLinkAbout05 23 2016 2015 Annual Financial Report and Management Letter
Phone 952.447.9800 / Fax 952.447.4245 / www.cityofpriorlake.com
4646 Dakota Street SE
Prior Lake, MN 55372
CITY COUNCIL WORK SESSION REPORT
MEETING DATE: MAY 23, 2016
AGENDA #: A
PREPARED BY: DON URAM, FINANCE DIRECTOR
CATHY ERICKSON, ACCOUNTING MANAGER
PRESENTED BY: JIM EICHTEN, MMKR
AGENDA ITEM: 2015 ANNUAL FINANCIAL REPORT AND MANAGEMENT LETTER
INTRODUCTION: Jim Eichten with MMKR will review the 2015 Audit and Management
Letter with the City Council. Copies of both documents were delivered
as part of the Council packet on May 19. Mr. Eichten will have a
PowerPoint presentation reviewing the main points of the audit including
GASB 68, the change in accounting principal for pensions. This is a
great opportunity for the council to ask any questions they may have of
the auditor or of staff.