- We received a report from our independent auditors for the fiscal year ended June 30, 2024. The opinion was unmodified, or a clean opinion. In prior years, auditors identified material weaknesses in internal controls, which essentially means that there was a reasonable possibility that a material misstatement of the financial statements will not be prevented, or detected and corrected, on a timely basis. I am glad to see that due to people, process, and technology improvements there were no material weaknesses identified in the audit year.
- We discussed the creation of a new position of City Engineer. Currently this role is contracted out. Based on analysis from staff, the City believes that bringing this role in house has the potential to make operations more efficient and be more economical. While staff estimated the appropriate salary scales, the City will have to test the market to determine if we are able to attract qualified candidates.
Because this is a Department Head level role, we discussed whether it would be appropriate to increase the salary scales of other department heads, effectively tying the compensation of one department head to another. Council did not feel that was necessary at this time and decided to move forward with only creating the new role of City Engineer.
- We had a budget workshop where the projected FY26 and FY27 budgets were presented for discussion. Based on information presented, the budget for FY26 and FY27 show a deficit of approximately $650K and $800K respectively.
There were a number of questions and the next draft will be discussed at an upcoming Budget & Audit Committee meeting. I will write in more detail about this in a separate post.
