Management Report and Recommendations 12/31/1987

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City of Lino Lakes, Minnesota Management Report, Page 51 • Determine the status of the Main Street Improvement Project and consider methods to eliminate the deficit balance. (Page 32) • Consider methods to eliminate deficit fund balances in the West Shadow Lake Drive Fund and Deer Trail Pass Fund. (Page 33) • Close the Sunset Road Fund to the related Debt Service Fund in 1988. (Page 33) • Monitor the situation regarding developer reimbursement in the Otter Bay Fund. (Page 34) • Close the 74th Street Fund in 1988. (Page 34) • Close the 1160 Street Fund in 1988. (Page 35) • Monitor actual versus projected connection charge and area assessment collection II in the Connection and Area Charge Fund. (Page 35) • Record administrative charges to construction funds when received from the City engineer. (Page 37) • Monitor the procedures of the Lino Lakes Public Improvement Policy to assure that the policy is adhered to. (Page 38) • Determine if the annual administrative fee will be received as an interfund charge of the General Fund in the tax increment plan. (Page 39) • If tax increment bonds are sold, the City should include a provision allowing tax increment collections to be receipted to the Economic Development #1 Capital Project Fund. (Page 39) • Monitor the effects of changes in MWCC district structure and consider such changes on the City's sewer rates. (Page 42) • Continue to maintain detail records of amounts due from developers and assure that adequate deposits are received prior to incurring expenses on a developers behalf. (Page 43 and 48) • Review with Circle Pines calculations of franchise fee remittances and collec- tion procedures. (Page 45) • In conjunction with the computer acquisition, review budgeting practice and automate them on the new system. (Page 47)