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CONSENT ITEM – 7B <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />MEMORANDUM <br /> <br /> <br />DATE: May 13, 2019 <br /> <br />TO: Honorable Mayor and City Councilmembers <br /> Dave Perrault, City Administrator <br /> <br />FROM: Gayle Bauman, Finance Director <br /> <br />SUBJECT: Approve 2018 City Financial Statements & Audit <br /> <br /> Budgeted Amount: Actual Amount: Funding Source: <br /> N/A N/A N/A <br /> <br /> <br />Council Should Consider <br /> <br />Motion to accept the 2018 City of Arden Hills financial report and audit results as presented. <br /> <br />Background/Discussion <br /> <br />The 2018 financial statements and audit results are completed and a presentation is scheduled to <br />be made to the City Council by the City’s auditor, Aaron Neilson of MMKR, as previously noted <br />in a preceding agenda item. <br />