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With that being said, it should also be noted that the school (community education) has <br />some responsibility in this situation. As the fiscal agent, the school should have reported to <br />the recreation board any shortages that occurred and the ongoing status of the fund balance. <br />This never happened. On the other hand, the community recreation board also never asked <br />for a fund balance status report. <br /> <br />According to the financial figures presented, the city owes about $34,000. Based on the <br />school having a role and responsibility in notifying the board about this shortage on an <br />ongoing basis, I think we should pay less than the total amount prorated to the city and also, <br />that it should be repaid over a few years. I agree with Charlie's recommendation and <br />something on the order of seventy five percent of the total or $25,000 seems appropriate. <br /> <br />Recommendation <br />It is recommended that the city repay the school district $25,000 over three years beginning <br />in 2003 for repayment of community recreation expenditures. <br /> <br /> <br />