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1995 CAFR
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Annual Comprehensive Financial Report
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1995
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1995 CAFR
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CITY OF RAMSEY <br />This schedule summarizes fmdings and questioned costs relating to compliance with Minnesota Statutes and <br />requirements applicable to federal programs. The auditor, Malloy, Montague, Karnowski, Radosevich & <br />Co., P.A., is responsible for providing the information under the heading "Finding and Questioned Cost." <br />The City of Ramsey is responsible for providing the information under the heading "Corrective Action Plan <br />(CAP)." <br />FINDING AND QUESTIONED COST <br />Schedule of Findings and Questioned Cost <br />Year Ended December 31, 1995 <br />1. Program /Law <br />Minnesota Statutes § 471.345 subd. 3. <br />2. Finding <br />Minnesota Statutes § 471.345 require that for contracts estimated to exceed $25,000 for the sale <br />or purchase of supplies, materials, equipment, or the rental thereof, sealed bids should be solicited <br />by public notice. For the purchase of construction services on one project that we tested for 1995, <br />such public notice was not given. <br />3. Type of Finding <br />This is a current year fmding. <br />4. Questioned Cost <br />None. <br />CORRECTIVE ACTION PLAN (CAP) <br />1. Explanation of Disagreement With Audit Finding <br />There is no disagreement with the audit fmding. <br />2. Actions Planned in Response to Finding <br />The City has developed and implemented a "Contracting - Bid Laws Compliance Checklist" in <br />order to enhance their monitoring of compliance with Minnesota Statutes relating to contracting <br />and bidding. <br />3. Official Responsible for Ensuring CAP <br />Jessie Hart, Finance Officer <br />4. Planned Completion Date for CAP <br />Not applicable. <br />5. Plan tp Monitor Completion of CAP <br />Not applicable. <br />-125- <br />
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