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08-11-2025 - Agenda Packet City Council - regular meeting
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08-11-2025 - Agenda Packet City Council - regular meeting
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2/12/2026 10:56:59 AM
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8/8/2025 2:06:07 PM
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Administration
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Agenda Packet City Council
Section
City Council
Subject
regular meeting
Document Date
8/11/2025
Retention Effective Date
8/8/2025
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IV. <br />G. Internal Audit Function <br />The City of Orono does not maintain an independent internal audit function other than <br />internal checks performed by the Finance Department. <br />H. Availability of Prior Audit Reports and Working Papers <br />Interested proposers who wish to review prior years' audit reports and management letters <br />can find these via the City's website (www.oronomn.gov) or can contact: <br />Maggie Jin, Finance Director <br />2570 Kelley Parkway <br />Orono, Minnesota 55356 <br />Mjin@oronomn.gov <br />952-249-4611 <br />The City of Orono will make its best efforts to make prior audit reports and supporting <br />working papers available to proposers if requested. <br />TIME REQUIREMENTS <br />A. Proposal Calendar <br />Request for proposal issued <br />Due date for proposals <br />Possibility of interviews <br />B. Firm Selection <br />Selected firm notified <br />C. Schedule for the 2025 Fiscal Year Audit <br />August 12, 2025 <br />October 1, 2025, 4:30 pm <br />October 6-17, 2025 <br />October 28, 2025 <br />Detailed Audit Plan: The auditor will provide the City of Orono both a detailed <br />audit plan and a list of all schedules to be prepared by the City of Orono no later than <br />December 31, 2025. <br />2. Fieldwork: The auditor will complete all fieldwork by April 30, 2026. A schedule for <br />interim work, fieldwork and draft reports will be determined upon completion of this <br />selection process. A similar time schedule will be developed for audits of future <br />fiscal years. <br />101Page <br />177 <br />
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