Financial report shows 'clean' record for city of Cottage Grove
Representatives from CliftonLarsonAllen, L.L.P., the city's auditor, presented their findings from the 2012 audit and reported that the city of Cottage Grove has a clean audit opinion.
Back in April, the auditors delved into the financial health of the city and concluded that the city "has no material weakness or significant deficiencies." Overall, general fund revenues and expenditures stayed fairly even, with the revenues a bit higher because of increased property taxes in 2012. The cost for the public safety department increased slightly because a new model was adopted, raising personnel costs.
"We have no comments regarding the Minnesota Legal compliance and this audit is very clean," representatives Rachel Flanders and Heidi Tatro said. "There were no material audit adjustments and no uncorrected misstatements."
Mayor Myron Bailey commended Robin Roland, finance director, and her staff saying they "do an amazing job managing the expenses of the city."