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1976 CAFR
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1976 CAFR
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CITY OF ST. ANTHONY MINNESOTA <br />NOTES TO THE FINANCIAL STATEMENTS (CONTIMED) <br />DECEMBER 31, 1976 <br />Note_.8 - Vacation and Sick Leave <br />Accrued vacation and sick leave are not recorded as liabilities at December 31, <br />1976. City employees are entitled to vacation and sick leave based on length of <br />employment, and the payment thereof is treated as expense in the period paid. <br />The amount of accrued leave at December 31, 1976 was not determined. <br />Note.9 - Litigation <br />The City had the usual and customary types of miscellaneous claims pending at <br />year end, mostly of a minor nature and usually all covered by insurance carried <br />for that purpose. <br />The City also carries personal injury insurance against suits for false arrest, <br />libel, slander, violation of privacy, wrongful entry, etc., which suits can <br />arise from enforcement of the City code and general laws. There were no such <br />suits pending at year end which would, in the opinion of the City Attorney's <br />office, incur any material liability, and any such liability would be covered <br />by insurance. <br />z <br />33 <br />
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