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Financial Analysis & Management Considerations Report 12/31/1997
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Financial Analysis & Management Considerations Report 12/31/1997
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5/20/2014 4:29:11 PM
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Finance Dept
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Audit
Finance Number Identifier
Financial Analysis & Management
Date
12/31/1997
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City of Lino Lakes, Minnesota <br />Management Report <br />Other Compliance and Control Issues <br />Conflicts of Interest <br />The City is protected by State Statutes from entering into contracts with City officials who <br />would personally benefit from the contract. The City requires all elected and appointed officials <br />to sign an annual representation letter indicating that to the best of their knowledge, no such <br />conflicts exist. We were aware of one potential conflict involving a department head's <br />immediate family. We followed up on the issue with an interview and determined that, based on <br />the responses, no conflict existed. <br />Additionally, the former City Administrator did not return a signed copy of the <br />representation letter. In accordance with auditing standards, we made an evaluation of the facts <br />and circumstances of this omission, including additional audit procedures performed, and <br />concluded that it did not warrant a qualificiation of the State Compliance Report. <br />Page 63 <br />
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