Laserfiche WebLink
MINUTES <br />City Council <br />Su1y 17, 19£34 <br />Council felt that this should be referred to the City Attorney for <br />an opinion. <br />The following is a summary of items and recommendations contained <br />i.n the 1983 Management Report: <br />*Moni[or legislati.ve acti.on to determine any changes i.n formulas <br />whi.ch will affecC the financinp of CiCy oper.ations. <br />-,Approve and record interfunc! cash transfers to effect the interfund <br />audit adjustments and year-end closing adjustments of December 31, <br />1983. <br />-~Continue to monitor the property tax collection rates to determi.ne <br />the availabili.ty of. monies Co support levy-related expenditures. <br />''~Continue City ef.f.orts to moni.tor deli.nquent assessment collecti_on <br />rates. <br />>'~Continue efforts to mai.ntain complete updated subsidiary listings of <br />special deferred special assessments. <br />-`Continue ef.forts to monitor the avaiLaM li.ty and quality of speci.al <br />assessment data availaUle at the County. <br />°'~Continue efforts to improve the reserve balance of. the Gity's General <br />Fund and consider efforts to designate reserve balances for various <br />purposes. <br />>'~Conti.nue efforts to monitor compliance with all. ftevenue Sharing <br />regulations with particular emphasis on the newly enacted Handicapped <br />Regulation. <br />~',Consicler closing the Deseased Trees Pund to the General I'und. <br />>'~Upon final bond payment~ close the Muni.cipal tSuilding 13onds Fund Co <br />the General Pund or to another City Council desi~nated fund. <br />'~Close the rire Truck Acquisition P'und as detail_ed in these comments. <br />~~Close the Senior Citizen Project through a Council approv~l transfer <br />Prom the City's General Pund. <br />*Conti.nue to monitor the projected financial positi.on of the various <br />s~ecial assessment debt service funds. <br />-~Upon completi.on of the various special assessment construction accounts, <br />approve the closing of such accounts to the related debt service <br />account or other funcis as appropriate. <br />-`Continue efforts to moni.tor the fi.nancial posi.tion of the City's water <br />Page -4- <br />