Golden Valley, City of - 2023 Final Issued Legal Compliance Report - Locked
400 Robert Street North, Suite 1600, St. Paul, MN, 55101 651.426.7000 www.redpathcpas.com
MINNESOTA LEGAL COMPLIANCE REPORT
To the Honorable Mayor and
Members of the City Council
City of Golden Valley, Minnesota
We have audited, in accordance with auditing standards generally accepted in the United States
of America and the standards applicable to financial audits contained in Government Auditing
Standards, issued by the Comptroller General of the United States, the financial statements of the
governmental activities, the business-type activities, each major fund, and the aggregate
remaining fund information of the City of Golden Valley, Minnesota as of and for the year ended
December 31, 2023, and the related notes to the financial statements, which collectively
comprise the City of Golden Valley, Minnesota’s basic financial statements, and have issued our
report thereon dated November 26, 2024.
In connection with our audit, nothing came to our attention that caused us to believe that City of
Golden Valley, Minnesota failed to comply with the provisions of the contracting – bid laws,
depositories of public funds and public investments, conflicts of interest, public indebtedness,
claims and disbursements, miscellaneous provisions, and tax increment financing sections of the
Minnesota Legal Compliance Audit Guide for Cities, promulgated by the State Auditor pursuant
to Minnesota Statute § 6.65, insofar as they relate to accounting matters. However, our audit was
not directed primarily toward obtaining knowledge of such noncompliance. Accordingly, had
we performed additional procedures, other matters may have come to our attention regarding
City of Golden Valley, Minnesota’s noncompliance with the above referenced provisions,
insofar as they relate to accounting matters.
The purpose of this report is solely to describe the scope of our testing of compliance and the
results of that testing, and not to provide an opinion on compliance. Accordingly, this
communication is not suitable for any other purpose.
REDPATH AND COMPANY, LLC
St. Paul, Minnesota
November 26, 2024