Management Report and Recommendations 12/31/1983

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City of Lino Lakes Management Report, Page 19 Special Revenue Funds The financial statements of the Special Revenue Funds are presented in Statements 8 and 9 of the 1983 Annual Financial Report. A special revenue fund is a classification of funds to account for revenues segregated by City ordinance or Federal or State Statutes for specific purposes. The City maintains the Federal Revenue Sharing Fund as the only Special Revenue Fund of the City. The fund balance of the Federal Revenue Sharing fund of $11,768 at December 31, 1983 consists of the fourth quarter allotment receivable ($8,626) and accumulated interest earned over the past year. The City has appropriated the 1984 entitlement to be transferred to the City Hall Expansion Fund (Capital Project). The rules and regulations of the Office of Revenue Sharing are considerable (and are II subject to frequent change). Certain requirements deal with publications of notices. The City did meet all the publications requirements for 1983 with minor exceptions. We recommend that the City continue to publish all required notices and monitor the notices II to assure compliance with Revenue Sharing regulations. In 1983, the Revenue Sharing Regulations were amended to require recipients to comply with the administrative requirements of the Revenue Sharing Handicapped regula- tions which were previously deferred. The requirements which affect the City of Lino Lakes are as follows: Requirement Deadline • Publish a statement that recipient does not January 17, 1984 descriminate against handicapped persons • Conduct a self evaluation October 17, 1984 • Make necessary nonstructural changes to October 17, 1984 achieve program accessibility • Prepare a transition plan where structural changes are necessary and make such structural changes within three years October 17, 1984