The City of Storm Lake’s annual financial audit for the fiscal year that ended in June of 2022 shows no issues of noncompliance or internal control deficiencies.
The audit ensures the City’s compliance with State and Federal regulations pertaining to the use and collection of public funds, including taxes and grant funds. The audit also ensures that Storm Lake funds are spent as reported, and that accounting practices used on a daily basis by the City are correct.
The audit was completed by certified public accountants Withers, Stave, and Company LLC. The City of Storm Lake is required by the State of Iowa to have an outside public accounting firm perform an audit on all of the City’s funds once each year.
The full report can be found on the City of Storm Lake’s website. The current and previous fiscal year audit reports are also available on the State Auditor’s website.