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of n- inneso'Ca cities <br /> <br />I <br /> iAugust 14, 1981 <br /> <br /> IDear City Officials: <br /> qs <br /> <br /> :f <br /> <br />I <br />I <br />I <br /> <br /> Enclosed with this letter is a questionnaire requesting information on the <br /> city's cash flow situation by month throughout the year. This questionnaire <br /> is part of a study being conducted by the State Finance Dep~tment in an <br /> attempt to avoid recurrence of the cash flow problems which, the state has <br /> encountered over the past year. <br /> <br /> Payments to local governments - local government aids, homestead credit, <br /> school aids, etc. - make up a large portion of the state's budget. Thus, <br /> the state's cash shortages in the past have resulted in delays and rescheduling <br /> of aid payments. <br /> <br /> These payments also represent a substantial part of cities' budgets. It <br /> important both to the state and to cities that the state have good <br /> information on cities' cash situation throughout the year in order to <br /> assure that any actions taken by the state do not create new problems <br /> at the local level.. For this 'reason, I urge you to cooperate in providing ' '-. <br /> the information requested by the Finance Department. . <br /> <br /> Donald A. Slater " <br /> <br />)0 hanover building, 4~O'cedap"BkreB~," 88)n~ paul. minnesota BB10q lB1 ~) <br /> <br /> <br />