07-19-88 CCM - Laserfiche WebLink

Home Browse Search

LAKE ELMO CITY COUNCIL MINUTES JULY 19, 1988 PAGE 6 City Engineer Bohrer reported he attended the Assessment Hearing held by the County for the 201 Project. Six residents have filed an appeal to their assessments. 7. AUDIT REPORT REVIEW: Robert Tautges, CPA RESOLUTION NO. 88-30; A Resolution Ordering Interfund Audit Adjustments Robert Tautges presented the audit report review. The following is a summary of the items to be recorded, investigated and/or resolved during 1988: --Consider writing off the damage reimbursement receivable The damage reimbursement of $1.,282 should continued to be pursued. M/S/P Graves/Moe - to write off the Accounts Receivable bad Debt. (Motion carried 5-0). --Monitor the past due rent on the old City Hall The City rents the old City Hall for $500 per month and as December 31., 1.987 the renter was six months delinquent on payments. M/S/P Johnson/Graves - to direct the City Administrator to commence collection of the outstanding rental due of $6,000 and to evict the tenant from the Old City Hall if a satisfactory payment plan is not submitted. (Motion carried 5-0). --Record interfund adjustments and adjust the City's financial accounting records for the year-end adjustments. --Consider establishing a policy on the use of excess MSA maintenance monies in conjunction with future proposed MSA construction Drojects. --Continue to monitor the property tax collection rate. --Re-invoice the assessment amount which were billed directly by the City and/or take official City Council action to write off the remaining balance. (Washington County $1,393) (Railroad $388) The Council directed the Finance Director to review these and see if they are collectable. --Consider methods of determining the status of green acre properties. The Council directed the staff to check if the properties still qualify for Green Acre status. --Consider the benefits of establishing computerized fixed assets inventory and accounting records. The Council suggested starting a numbering identification system on the Maintenance equipment.