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6.2. SR 06-17-2019
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6.2. SR 06-17-2019
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6/14/2019 9:39:48 AM
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6/17/2019
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Conclusion <br />• Meeting fund balance policy for General Fund <br />• No internal control or legal compliance findings <br />• Liquor, Sewer, and Storm Water funds are providing cash <br />flows from operations, Garbage is not <br />• Garbage fund will continue to need to be monitored as <br />change in fund balance and operating cash flows are negative <br />and fund balance is on track to be depleted <br />• Liquor fund transferred over $689kto other funds <br />• Last year, for the 2017 CAFR audit, the City was awarded the <br />GFOA Certificate for Excellence in Financial Reporting. <br />— 29 consecutive years! <br />0 <br />W, <br />
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