Agenda Packets - 1992/12/28 - Laserfiche WebLink

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Development and redevelopment issues in the coming years will be directly affected by the trends in the real estate market. The availability of financing is also more limited now than it has been in recent years. There are few sites remaining in the City which can be developed. The redevelopment sites generally require work in areas of acquisition, relocation and site clearance. All of these factors are difficult by themselves, but in combination, they represent a dramatic concentration of time and money. Housing is also a major consideration for City efforts in the next five years. A decline in the quality and visual appearance of a City's housing stock is perhaps one of the leading indicators of a City in trouble. If we want to establish Mounds View as "quite simply the Best city in the northern suburbs" we must be prepared to take any and all steps which may be needed to maintain or improve the quality of our neighborhoods. B. Finance -The Finance Department, headed by the Finance Director, who also serves as Treasurer, coordinates the financial activities of the City. Currently, department activities include the following: 1. Oversee the financial planning activities of the City. a. Coordinate the preparation of the Long-Term Financial Plan. b. Direct and coordinate preparation of the annual budget with close involvement and input from the Department Heads and Clerk- Administrator. 2. Perform all City accounting and financial reporting activities. a) Prepare and control accounts payable. b) Receive and mans:- . • . - - I _ -S. c) Prepare and control payroll. d) Utility billing preparation and collection. 3. ,Prepare monthly financial reports, the annual financial statements, and assist auditors in the conduct of their annual audit of City financial records. �. Invest temporarily idle Cityfunds to maximize return on available resources. 14