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CC PACKET 07092024
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CC PACKET 07092024
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7/8/2024 10:40:43 AM
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7/8/2024 10:39:58 AM
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7/2/2024 <br />3 <br />Report on Minnesota Legal Compliance <br />•Required by Minnesota Statute §6.65 <br />•OSA audit guide covers seven categories <br />1) contracting and bidding <br />2) deposits and investments <br />3) conflicts of interest <br />4) public indebtedness <br />5) claims and disbursements <br />6) other miscellaneous provisions <br />7) tax increment provisions <br />•No compliance findings <br />5 <br />Communication with Those Charged with Governance <br />The City implemented one new accounting standard relating <br />to Information Technology arrangements <br />Routine estimates <br />Significant / sensitive footnotes: Note 6 –Long‐term Debt <br />Corrected and uncorrected misstatements <br />No difficulties or disagreements encountered <br />6 <br />57
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