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City of <br /> 44)NEW <br /> HDN <br /> the city that works for you <br /> Council Worksession <br /> June 12, 2012 <br /> Present: Mayor Dave Jacobsen <br /> Councilmember Char Samuelson <br /> Councilmember Mary Burg <br /> Councilmember Paul Jacobsen <br /> Councilmember Gina Bauman <br /> Absent: None <br /> Staff in Attendance: City Manager Dean Lotter <br /> Finance Director Dan Maiers <br /> Others in Attendance: Steve Wichmann, Kern DeWenter Viere Audit Firm <br /> Fund Balance Policy: <br /> Director of Finance Dan Maiers gave an overview of the City's Fund Balance Policy. Council moved the City's <br /> Comprehensive Annual Financial report and Management Reports for the fiscal year ending December 31, 2011 <br /> to Council Business for the June 12t 'S regular meeting agenda for further discussions. <br /> Audit Report from KDV <br /> Steve Wichmann from the auditing firm Kern DeWenter Viere gave an overview of the City's audit report. Mr. <br /> Wichmann reported that the City's annual audit determined that the City is in very good financial condition. <br /> Mr. Wichmann provided the City Council with an overview of the City's Comprehensive Annual Financial <br /> report and Management Reports for the fiscal year ending December 31, 2011. <br /> The worksession was adjourned at 6:30 pm. <br /> 1 <br />