December 15, 2009

News Release

For Immediate Release

City Council Receives Independent Audit Report

The Springfield City Council received an “unqualified” financial audit today from the City’s independent auditing firm, meaning there were no qualifications or reservations expressed about the City’s financial reporting processes.

The international professional services firm of KPMG conducted the annual financial audit, which is required under the City Charter.

The full copy of the audit report is available on the City Web site at: www.springfieldmo.gov/budget/pdfs/2009CAFR.pdf

The overview provided by KPMG includes the following points as Financial Highlights of the audit:

“You’re facing a number of challenges, as are other cities, and you’re handling them well,” KPMG Auditor Michelle Stromp told the City Council at its weekly lunch meeting today.

The City Finance Department has received the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers’ Association for 32 years.

For more information, contact: Finance Director Mary Mannix Decker, 864-1625.

city of springfield

Department of Finance

840 Boonville Avenue • P.O. Box 8368 • Springfield, MO 65801
417-864-1625 • Fax: 417-864-1880 • springfieldmo.gov