Handbook for Minnesota Cities Chapter 25: Financial Reports, Accounting and Auditing

This material contains general information; it should not be used as a substitute for legal advice. Any attorney general opinions cited in this material are available on request from the League’s Research and Information Service staff.

Find basic information routine financial tasks and duties cities must perform such as use of funds in accounting, internal control procedures, financial reporting requirements, federal and state auditing requirements and how to use them effectively, depositories and investment of city funds, and city bankruptcy.