HomeMy WebLinkAbout04/28/1986 Council Minutes057
COUNCIL WORK SESSION
April 28, 1986
IMayor Benson called to order the work session to discuss the Year
End Audit for 1985 at 6:06 P.M. Present: Bohjanen, Marier, Bisel.
Absent: Reinert. Also present were City Administrator, Randy
Schumacher; Rob Tautges- -Voto, Reardon, et al; Joe Huss, Accountant;
and Shar Foster, Secretary.
Mr. Tautges stated that due to a change in federal legislation (the
"Single Audit Act ") a further audit is required for situations wherein
'$100,000+ in aid is collected. City of Lino Lakes did fall under this
requirement in 1985.
Mr. Tautges also stated that an additional report will need to be
provided in June as required by state legislative changes.
The report which Mr. Tautges described in greatest detail was the
"Management Report and Recommendations ". He reviewed page by page
the status of major accounts and summarized the report by stating
that overall the City of Lino Lakes is in excellent shape. He re-
sponded to Mayor Benson's question of what areas need attention by
citing the following:
1) The City should continue with the program presently being followed
with respect to the general fund reserve.
I 2) Attention should be given to the current delinauency in the assess-
ments fund. One suggestion given was to keep monitoring Anoka
County to assure that they are doing them part in the assessment
collection procedure. The delinquency appears to be on the part
of only one party; if this party were up to date on its assessment,
the fund would be in excellent shape. Mr. Marier suggested that
a quarterly report of this activity be made available to the
Council in the future in order to prevent problems or take action
if necessary before the situation becomes out of hand. Mr. Tautges
reminded the Council that due to the fact that the assessments due
t'1e City are greatly increasing with the projects the City is under-
taking, this item needs close attention, He also added that the
computer system which will be up and running this year will help
monitor the status of assessments.
3) Use of the computer system should be encouraged and monitored.
From the audit standpoint, the computer will improve all the
accounting functions.
4) A blanket recommendation to all municipalities is to monitor the
state legislation regarding aid. Presently the state is consid-
ering legislation which could greatly affect the economic state
of the city.
The Council thanked Mr. Tautges for an excellent and informative
presentation. Consideration and approval of the audit took place
at the regular Council meeting following this work session.
Mr. Bohjanen moved and Mr. Marier seconded the motion to adjourn
at 6:50 P.M. Minutes were copse' e an pproved on 6.
/;
Marilyn +G. Anderson, City Clerk
/ 4 / *-4,4A
amin G Benson, Mayor