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City of Lino Lakes, Minnesota <br />Management Report, Page 45 <br />• Review the status of the Lakes Addition #7 Fund and to take action to eliminate <br />the accumulated cash deficit. (Page 27) <br />• Take action to eliminate the liabilities in the Baldwin Lake Mobile Home Court <br />Fund and also authorize the closing of this fund to the related Debt Service <br />Fund. (Pages 27 and 28) <br />• Consider the adverse effects of completing construction projects prior to deter- <br />mining financing sources. (Page 28) <br />• Consider the use of an Interim Construction Fund. (Pages 28 and 29) <br />• Amend the City policy regarding administrative charges to Special Assessment <br />Funds. (Pages 29 and 30) <br />• Continue efforts to set utility user rates at self sustaining levels. (Pages 30 <br />- 32) <br />• Take action to close the Minnesota Housing Revenue Bonds Fund. (Page 33) <br />• Review options available to the City regarding the Lino Lakes Gas Franchise <br />agreements. (Pages 34 and 35) <br />• Review internal control operating procedures regarding predating of checks and <br />recording of investment transactions. (Pages 36 and 37) <br />• Establish compliance procedures regarding public officials' compliance with <br />Minnesota Statutes 471.87 -89. (Pages 37 - 40) <br />• Establish a plan to evaluate internal data processing alternatives. (Page 41) <br />• Continue to review the overall financial position of the City's operating and <br />other funds to assure the financial integrity of the City. (Page 42 - 44) <br />Respectfully submitted, <br />g4g,./444g6fIg4,14A <br />VOTO, REARDON, TAUTGES & CO., LTD. <br />Certified Public Accountants <br />April 11, 1985 <br />