2020 Finance Department Annual Report

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2020 Annual Report • Finance Department • St. Anthony Village, Minnesota 10 External The Finance Department is responsible for reporting financial information to numerous outside agencies through the year, including but not limited to: Federal State County Other jurisdictions U.S DOL US CHAMBER OF COMMERCE IRS – 1099’S IRS – W-2 & 941’S ACA – 1095’S DOJ – Body Camera WORKER’S COMPENSATION BUILDING SURCHARGE REPORT STATE REPORTING FORM SUMMARY BUDGET FIRE RELIEF SC-16 TIF REPORTING DNR WATER REPORT RECYCLING REPORT LEVY CERTIFICATION ASSESSMENT CERTIFICATION DELINQUENT ACCTS CERTIFICATION MET COUNCIL SAC REPORTING MET COUNCIL WASTEWATER PERA EXCLUSION PERA CLASSIFICATIONS Community Supportive The Finance Department provides its services to review year end reporting, help coordinate year end audits and to serve intergovernmental committees. During 2019-2020 the entities below were the recipients of these efforts. The Finance Department conducts an annual review of the financial recordkeeping for the St. Anthony Chamber of Commerce. The review covers accounting records, bank transactions, and board of directors reporting. This arrangement allows the Finance Department to offer its skills and experience to assist the volunteers who work to enhance the St. Anthony Community. The Finance Department has prepared various work papers on behalf of the Saint Anthony Fire Relief (SAFR) to assist with the completion of its annual audit. The last formal audit required for the SAFR was for the year ended 2019. The SAFR elected to join the State PERA Plan effective 1/1/2020. Therefore, SAFR no longer directly manages their pension fund, eliminating the need for an Audit. Area Chamber of Commerce