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Carlson said that very few comparisons among cities will be <br />made at this time as there is no uniform method of reporting <br />financial data. Municipal Finance Officers felt that in order <br />for the Minnesota Financial Health Program to be a successful and <br />helpful project a uniform chart of accounts and reporting needed <br />to be developed. Therefore, the Office designed a new and <br />comprehensive chart which was distributed to Finance Officers in <br />December. This effort will enable future profiles to contain <br />more comparative information. <br />Carlson reported that Minnesota is the first state in the <br />nation to provide the data such as that presented to cities <br />through the Minnesota Financial Health Program, and that cities <br />can use this report as a basis for future fiscal planning. "Our <br />Office stands ready to provide assistance, when requested, to <br />cities as they seek alternative courses of action to improve <br />their overall financial health," said Carlson. <br />-30- <br />