The Coeur d'Alene City Council met on July 8, 2026, to discuss the fiscal year 2024-25 audit, public comments, consent calendar, several resolutions, and a discussion on fireworks ordinance amendments. The meeting included presentations, reports, and council actions.
Good evening. This is the Cordelaine City Council meeting, and I seem to have lost my agenda. Thank you. It is thank you, Dan. It is July seventh, twenty twenty-six, and it's a beautiful day in Court d'Alane, but we would like to call this meeting to order. Clerk will take the role. English. Here. Wood. Evans. Here, Miller, Hair. Gabriel. Here. Very good. Uh, we will do our invocation from David Gortner, Luke's St. Luke's Episcopal Church. Will everyone please rise? Before we pray, thank you all for the work you do and for the commitments of your hearts for the good of this place for which we're stewards and for the people who live and work and learn and visit here. Tonight, following this great weekend celebration of two hundred and fifty years of our independence as a nation, and looking toward this high energy season here in Courtalane, let's open our minds and hearts to God. These are prayers which we prayed for our nation on Sunday, and I invite you to pray these prayers for this city council and for all our leaders and citizens. With all in this room and all gathered online and from all our diverse faiths, I pray these things through Jesus Christ, who with the Father and the Holy Spirit lives and reigns one God forever and ever. Amen. Thank you, David. Kiki, could you lead us in the pledge? I pledge allegiance to apply. And which stands under audit. Thank you. Item D, are there any amendments to the agenda? Moving on, we have a presentation on item E. This is our fiscal year 2024-25 audit. And I know Terry is here. There you are. So Terry Hackwith, managing member of Alpine Summit CPA will be doing our presentation. Tony, I'm sorry. Thank you. Good evening, Mayor and Council. I am going to go over the results of your audit, and then I have a few financial highlights to go over and then some graphs, historical graphs to go over in my presentation. Go ahead and stop me at any time if you have questions, and if I can't answer them tonight, I will get back with you. And okay. Okay. As the mayor uh indicated, this was your financial statement audit for your year-in September 30th, 2025. Um you have an audit done because state statutes require it, and the primary purpose that they require it is to so that they can ensure that your financial statements are materially correct and that they're in accordance with GAAP, generally accepted accounting principles and governmental cap. Okay. As a result of our audit procedures, we issue three separate reports. Um is the independent auditors report, and this is over whether or not your financial statements are materially correct at that time period and during that time period. Um we've issued an unmodified opinion, which is the best opinion you can have. Uh kind of sounds contradictory, but um it basically means throughout procedures that we feel that your financial statements are materially correct. Uh as a governmental entity, we also have to do some work over your internal controls and compliance with uh laws and regulations as they for financial reporting. Um this report that we issued, we did have one item that we found where a correction needed to be made for the prior year. Um your finance director has put in place um some additional procedures to uh minimize that this would happen in future years.