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CC PACKET 05232023
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CC PACKET 05232023
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5/19/2023 3:12:10 PM
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5/19/2023 3:11:41 PM
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5/19/2023 <br />5 <br />Finance Activity Unique to 2022 <br />$77,000 <br />$163,000 <br />$77,000 <br />•To provide increased <br />transparency in <br />Financial reporting <br />•General Fund reporting <br />will compare actual <br />results to budget <br />•Annual Projects budget <br />will be based on <br />expected expenditures <br />vs current levy for <br />future projects <br />Redesigning MWMO’s Budget and Financial Reporting <br />Finance Activity Unique to 2022 <br />$163,000 <br />Worked with new treasurer to develop <br />updated internal audit procedures within <br />the limits of their cash basis accounting <br />software <br />Reconciled outstanding transactions <br />dating as far back as 2018 <br />Assisted in developing proposal to <br />city council to correct prior year <br />transactions <br />Proposal was approved and as of <br />2023 Birchwood Village has no <br />outstanding cash items <br />Birchwood Village Activity
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