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a 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 City Council Regular Meeting Minutes June 25, 2013 Page 7 Motion by Councilmember Stille, seconded by Councilmember Roth, to accept the 2012 audit report as presented. Motion carried unanimously. F. 2012 Finance Department Annual Report. Shelly Rueckert, Finance Director, presenting, Finance Director Rueckert presented the 2012 Finance Department annual report and reviewed the responsibilities of the Finance Department. She stated a significant portion of the City's levy is made up of the General Fund that increased by $272,500 in 2012; in addition, the City refunded three bond issues in April 2012 resulting in savings of $631,262 and another bond issue was refunded in December 2012 resulting in savings of $217,167, adding these savings will impact future levies and future water and sewer rates. She discussed 2012 Finance Department activities including software upgrades to a new financial management system and advised the Finance Department began providing accounting services to MWMO and the City of Birchwood Village. She stated the City received grants totaling $172,746 in 2012 and since 1999 the City has received approximately $16 million in grants, which equates to $1,942.88 per resident. Councilmember Gray applauded Finance Director Rueckert for everything she has accomplished in a short period of time. IIe stated lie was very impressed with the outstanding changes made in the Finance Department and thanked Finance Director Rueckert and her stafffor their efforts. Councilmember Stille stated he appreciated Finance Director Rueckert's efforts to improve the Finance Department and thanked her and her staff for their hard work. Councilmember Roth commended the Finance Department staff for their efforts during the transition and applauded their willingness to take on a new way of doing business. Mayor Faust expressed the City Council's appreciation to the Finance Department staff for their efforts. VII. I2EPOI2TS FROM CITY MANAGER AND COUNCIL MEMBERS. City Manager Casey announced the City was recently awarded the League's City of Excellence Award. He also thanked the Public Works, Police, and Fire Departments for the great job they did after last weekend's storm. Councilmember Jenson reported on his attendance at the League's annual conference held on June 19-21. Councilmember Roth reported on his attendance at the League's annual conference. He also reported on his attendance at the June 24°i concert performed by an orchestra from Finland. He commended the Police, Fire, and Public Works Departments for working together during last weekend's storm and stated the City is fortunate to have so many dedicated employees. Councilmember Stille reported on his attendance at the League's annual conference.