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'1 <br /> <br /> I <br /> I <br /> I <br />'1 <br /> I <br /> I <br /> <br />TO: <br /> <br />FROM: <br /> <br />RE: <br /> <br />Mayor and Councilmembers <br /> <br />City Administrator <br /> <br />Staff Report for June 1982 <br /> <br />1) Finance - The following is submitted on this case: <br /> <br />a) <br /> <br />1982 City Audit Report (Comprehensive Annual Financial Report) ~. Council-. <br />members will receive this report under separate cover as Exhibit "A". You <br />will also receive Deloitte, Haskins & Sells management letter. This item <br />is covered in the Council agenda. <br /> <br />b) <br /> <br />Cash Flow Report for January 1 through May 31, 1982 ~- This report is furnished <br />to keep Council informed on the City's cash flow. This item is also covered <br />in the agenda. <br /> <br />c) <br /> <br />Revenue and Expenditure Report ~- This report covers the City's revenues re~ <br />ceived and expended through May 31, 1982 and it does relate directly to the <br />City's 1982 Operational Budget. <br /> <br />Comments - We have submitted copies of the 1982 Audit to the State Auditor's Office <br />as required by State law. We have also submitted a copy of the report to the <br />National F~nance Officer's Association for their evaluation in regards to whether <br />our report qualifies for the Certificate of Conformance. According to our auditors, <br />we have an outstanding chance of receiving that honor which will be extremely bene~ <br />ficial to the City in the finance area. <br /> <br />I <br />I <br />I <br /> <br />2) <br /> <br />Green Acres Law - As you remember at the Council Board of Review, you requested <br />that the State Revenue Department be invited out to go over the Green Acres Law in <br />regards to the increase in valuation our farmers received this year. Accordingly, <br />the State Official, Mr. Lyle Ask, did come out and speak to our farmers and we <br />really had a fine attendance. We did find out that the control on those valuations <br />can stay with the City of Ramsey. I will have City Assessor Wirz review this with <br />Council at this meeting. <br /> <br />3) Legislation - We are currently preparing statistical information regarding the State <br /> aid lawsuit which is a~very time-consuming job. <br /> <br />Secondly, the City of Andouer feels the same way as Ramsey that court action is the <br />only route left to go to get relief on this issue. <br /> <br /> 4) Homestead Credit Shortfall - _This shortfall in the homestead credit will cut another <br /> $15,000 to $17,000 from the City's revenue side of the budget. I will cover this <br /> verbally at the meeting as to the effects of this issue. You will be receiving a <br /> copy of the letter received from the State Revenue Department making this announce~ <br />[ meat. ~ ~ <br /> <br /> <br />