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Management Report and Recommendations 12/31/1991
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Management Report and Recommendations 12/31/1991
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Management Report and Recommendations
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12/31/1991
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Vow <br />City of Lino Lakes, Minnesota <br />Management Report, Page 50 <br />• Determine if annual administrative fees will be received as an interfund charge of the <br />General Fund or if applicable expenses will be allocated to the appropriate Capital Project <br />Fund. (Page 33) <br />• Monitor actual revenue flows compared to projected revenues compared to projected <br />revenues to assure timely availability of cash to meet budgeted expenditures. (Page 35) <br />• Review status of various projects in the Interim Construction Fund and determine financing <br />sources. (Page 35) <br />• Upon completion of the Second Avenue Project, transfer the remaining balance to the <br />Temporary Improvement Bonds of 1990B. (Page 38) <br />• Charge water rates at a level which will cover the cost of retiring debt issued to construct <br />the water tower and maintain adequate levels of retained earnings. (Page 40) <br />• Continue to monitor the City of Circle Pines' gas utility operation. (Page 43) <br />• Continue maintain detailed records of amounts due from developers and assure that <br />adequate deposits are received prior to incurring expenses on a developer's behalf. (Page <br />46) <br />• Develop procedures to establish at what point costs should be charged to the Construction <br />Fund rather than the developers deposit and continue to review the system of calculation <br />amounts to be returned to developers. (Page 48) <br />• Examine the benefits of integrating the utility billing system into the general ledger system. <br />(Page 49) <br />
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