Eric Roggeman is the Assistant Finance Director for the City of Edina. He is a very sharp guy. If you’ve never met Eric, pay attention to the City’s budget prep process this year. He’ll be involved in the behind the scenes work, but also in the public presentation work as well.
Anyway, Eric dropped by my office today to leave me a draft copy of the City’s 2010 Financial Audit. The audit is prepared by an outside professional accounting firm, pursuant to the requirements of Minnesota law. It is a very important document in our budgeting process because not only does it tell us how last year ended, but also how this year started. See the 2009 Financial Audit for comparison (PDF).
The City Council will receive the audit at their July 5 City Council meeting. They will also receive a presentation from a representative from the auditing firm at that same meeting.
Our City’s financial performance last year was strong, despite the strains in the national, state and local economy. I think that’s all that I’ll say about that for now. If you want to watch the presentation, join us at the City Council on July 5 at 7pm in the City Chambers in City Hall. Or, catch the video rebroadcast of the meeting online starting July 6.