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<br />Site specific professional service expenditure <br />The expenditure for accounting services and qualifying legal work charged to the <br />J.R. site was $6.702.80 for May - December. 1992 whereas a cost of $225.00 was <br />incurred by the Billy's site. For January & February, 1993. the J.R. site cost for <br />these services is $3,287.90 versus zero for Billys. Why is there such a disparity? <br /> <br />No response has been received to this April 6 request for additional information or <br />copies of reports. <br /> <br />My letters of August 25, 1992. February 26. 1993 and April 6. 1993 requested a copy of the <br />most recent audit for the Anoka Area Ice Arena Association. No response has been <br />received. <br /> <br />On Thursday, May 27, 1993, the City received copies of your monthly reports for March. <br />1993. As we have discussed, the due dates for these reports is the same as that of the <br />Minnesota Deparunent of Revenue. Your April and May 1993 reports are now past due. <br /> <br />Enclosed is a summary of the report copies for the permit year of 3/1/92 through 2128/93 <br />and the first month of the permit year 3/1/93 through 2/28/94. Also enclosed is a form <br />developed here at the City to assist you in determining the 10% tax payment due with your <br />report; please make additional copies as needed. <br /> <br />While the summary for the permit year ended 2/28/93 indicates your organization's <br />gambling operations at the J.R.'s Saloon site resulted in a net loss of $4,719.94, several of the <br />questions I have asked regarding your reports could impact this final number. Please keep in <br />mind that while mortgage payments made for the ice arena have been approved by the <br />Gambling Control Board as a lawful purpose expenditure (per the letter you forwarded dated <br />June 21, 1990). such expenditures are not deductible in determining the site net profit <br />subject to Ramsey's 10% tax. This expenditure would qualify as a lawful purpose conducted or <br />located within the City of Ramsey's trade area and the Report of Charitable Gambling Lawful <br />Purpose Approved Expenditures for the year ended December 31, 1992 should include same. <br /> <br />Based on our March, 1993 (the first month of a new permit year) summary of your reporting <br />information, $505.99 is due and payable to the City of Ramsey. Please forward your April and <br />May reports along with a copy of the form "How to Determine the Monthly City of Ramsey <br />10% of Net Profit" with the April calculations and a check for March and April - if applicable. <br />We will expect this information along with all of the information requested in <br />this letter by return mail. <br /> <br />If it would be more convenient to submit some of the information by fax, our fax number is <br />427-5543. <br /> <br />Sincerely, <br /> <br />CITY OF RAMSEY <br /> <br />Sandra Ashley Helling <br />Finance Officer <br />