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Honorable Mayor and Members" <br /> of, the City Council. <br /> • City of St. Anthony <br /> June. 30, .-1984 <br /> Page 4 <br /> Included in the 1984 Budget is a transfer of $400,000 from the <br /> Liquor Fund to the General Fund. The amount of the transfer <br /> appears excessive when compared to prior year's net income. We <br /> suggest Council monitor the liquor operation throughout the year <br /> to determine if sufficient cash is available to be transferred <br /> without impairing cash necessary to maintain adequate working <br /> capital. If this amount can not be transferred, Council needs <br /> to consider the impact of the shortfall on the General Fund. <br /> We appreciated the cooperation extended us by the City's manager <br /> and staff during the engagement. We would be pleased to discuss <br /> any of the comments further with you at your convenience. <br /> 1lt' <br /> kt <br /> G� <br />���111�III! <br /> IV: <br />)YhY <br />