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CITY COUNCIL WORK SESSION June 3, 2019 <br />DRAFT <br /> 1 <br />CITY OF LINO LAKES 1 <br />MINUTES 2 <br /> 3 <br />DATE : June 3, 2019 4 <br />TIME STARTED : 6:00 p.m. 5 <br />TIME ENDED : 8:10 p.m. 6 <br />MEMBERS PRESENT : Council Member Rafferty, Maher, 7 <br /> Manthey, Stoesz and Mayor Reinert 8 <br />MEMBERS ABSENT : None 9 <br /> 10 <br />Staff members present: City Administrator Jeff Karlson; Public Safety Director John 11 <br />Swenson; Community Development Director Michael Grochala; Finance Director Sarah 12 <br />Cotton; Human Resources Manager Karissa Bartholomew; Public Services Director Rick 13 <br />DeGardner; City Engineer Diane Hankee; City Planner City Clerk Julie Bartell 14 <br />1. Review 2018 Annual Audit, Redpath & Company, Ltd. – Finance Director 15 <br />Cotton and Andy Hering, Redpath and Company reported. Mr. Hering reviewed a 16 <br />PowerPoint Presentation outlining the results of the 2018 Audit. Information was 17 <br />presented on the following: 18 <br /> 19 <br />- Excellence in Financial Reporting Certificate; 20 <br />- No items on which to follow up on the 2017 Audit; 21 <br />- Reports that are issued for the audit relate to the auditor’s opinion, an 22 <br />internal control report, legal compliance report, and an executive report to City 23 <br />Council; 24 <br />- The City has received a clean opinion; 25 <br />- The City Charter requires adoption of a five-year financial plan and that 26 <br />hasn’t been done recently; 27 <br />- Review of schedule used for audit; 28 <br />- Audit practice includes looking at completeness, occurrences and 29 <br />accuracy, using data mining techniques; 30 <br />- The letter to the City Council includes communications (that were 31 <br />reviewed); 32 <br />- Pension Liability – figures were reviewed; 33 <br />- Summary of financial activity; General Fund; Special Revenue Fund; 34 <br />Capital Project Fund; and Enterprise Fund. 35 <br />Mr. Hering concluded that it was a very good audit and he found staff well prepared. 36 <br /> 37 <br />Ms. Cotton said the audit will be briefly reviewed at the upcoming council meeting and 38 <br />the council will be asked to formally accept the audit results. 39 <br />2. MS4 Annual Report – City Engineer Hankee reviewed a PowerPoint 40 <br />Presentation outlining the City’s activities and events related to the MS4 Program. The 41 <br />annual report is required in order for the City to maintain its permit to operate a storm 42 <br />sewer system to discharge storm water. 43