HomeMy WebLinkAbout23-083 2022 Annual Financial Report and Management Letter
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 23-83
ACCEPTING THE 2022 ANNUAL FINANCIAL REPORT AND MANAGEMENT LETTER
Motion By: Briggs Second By: Burkart
WHEREAS, Minnesota Statutes requires that the City’s financial records be annually
audited; and
WHEREAS, the annual audit is conducted in conformance with generally accepted
accounting principles; and
WHEREAS, the purpose of the audit is to express an opinion about whether the financial
statements prepared by the City are fairly presented in all material respects in
conformity with accounting principles generally accepted in the United States of
America; and
WHEREAS, the firm of Malloy, Montague, Karnowski, Radosevich and Co. P.A. (MMKR)
have been retained by the City Council for this purpose; and
WHEREAS, MMKR has submitted the 2022 Annual Financial Report and Management
Letter; and
WHEREAS, MMKR has issued an unmodified opinion with respect to the City’s 2022
financial statements; and
WHEREAS, The City staff and City Council have carefully examined the submitted
statements and reports and their contents at a regular City Council meeting.
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE,
MINNESOTA as follows:
1. The recitals set forth above are incorporated herein.
2. The City Council hereby accepts the 2022 Annual Financial Report and Management Letter.
3. The staff is hereby directed to submit the reports to the Office of the State Auditor.
Passed and adopted by the Prior Lake City Council this 15th day of May.
VOTE Briggs Braid Burkart Churchill Lake
Aye ☒ ☒ ☒ ☒ ☒
Nay ☐ ☐ ☐ ☐ ☐
Abstain ☐ ☐ ☐ ☐ ☐
Absent ☐ ☐ ☐ ☐ ☐
______________________________
Jason Wedel, City Manager