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1957 <br />To the Board of Trustees and Residents <br />Village of Lino Lakes <br />Anoka County, Minnesota <br />We have performed an audit of the accounting records of the Village <br />of Lino Lakes, linnesota for the period June 15, 1955 through December 31, <br />1956. Our examination was performed in accordance with general, ac- <br />cepted auditing standards and included such procedures. as we felt noes <br />nary under the circumstances. <br />R,esulte . of our examinations are presented t in the following Fahibd to <br />and Comments: • <br />Exhibit A - Fund Balances <br />Ekhibdt B - " General. Fund <br />Exhibit C - Road Mind <br />Szhibit D - Snow Fund <br />Exhibit E - Gopher Fund <br />Exhibit F Fire Fund <br />Ftdhibit 0:- Statement of Reoeipta and.Diabursements <br />June 16,1955 to December-31, 1955 <br />Exhibit 8 - Requirements for Debt Redemption. <br />Based on our observations during the course aflour audit we submit <br />the following comments and suggestions$ <br />1. Receipts and expenditures were appropriately class- <br />ified with the exception of some payments .for snow fence . <br />work which had been charged to the Road.Fund. In our <br />report wft have decreased the belance.in.the Snow Fund <br />and increased the Road Fund by $ 134.25 to correct the • <br />mis -classifications Which we found. There should be a <br />transfer recorded to bring. the booke into-agreement with <br />this report. <br />