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LRRWMO Meeting Minutes February 18, 1993 Page 2 TREASURER'S REPORT Rnutson presented the Treasurer's Report for the period/fiscal year ending January 31, 1993. Re noted the reimbursement of $35.00 from the Anoka County Soil and Water Conservation District (SWCD), the portion paid for the 1992 seechi disk monitoring of Round Lake, with an explanation that the SWCD was unable to find a volunteer to monitor the lake. Therefore, that left the total amount paid for the 1992 Lake Monitoring Program payment at $600.00. Knutson recalled last month there was no budget line item depicting permit review receipts. He suggested the current and 1993 budget be revised to reflect the estimated receipt of eight permits at. $500.00 each, or a total_ estimated. receipt of $4,000' in permit review fees for the year. Rnutson recommended this $4,000 be added to the Engineering line item as expenditures. He explained this would not really create any financial changes to the budget. The permit expenses would merely be charged against this line item. This proposed change to the budget report will give. the board a better indication of the standings. A further suggestion of Rnutson, relative to the Professional Services line item of the budget, was to take $600 from the $1,000 Newsletter line item and put it in the Professional Services line item in that that item was over budget for the year. The readjusted Professional Services line item would then total $2,300.00. Knutson also recommended taking $100 from the Newsletter line item, leaving $300 in the budget for the Newsletter, and putting it in the Postage, Copying, Etc. line item, giving that a budgeted amount of $500.00. Knutson stated that for the fiscal year ending 1992, expendi- tures will end up under budget at approximately $9,300. Knutson reported the LRRWMO attorney has no bills to submit through January 31, 1993. He also called Barr Engineering to determine if there would. be any outstanding bills for the 1992 fiscal year and found there will be a January bill of $52.50 for administrative costs. The account balances for the period ending January 31, 1993, were: checking, $10.00; interest bearing savings, $4,221.65 less the permit account balance of $1,456.06, leaving the total available interest bearing savings account balance of $2,765.59; and a certificate of deposit of $12,000.00; for a total current balance of $16,231.65. Knutson recommended the board's approval with the three budget changes as discussed.