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3.0. SR 04-02-2001
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3.0. SR 04-02-2001
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<br />workload taken on by the department by serving as fiscal agent for Community Recreation. A <br />request will be forthcoming to the Council to advertise for this position so it can be filled by <br />early summer. <br /> <br />REVIEW. PURCHASE AND IMPLEMENT FINANCIAL SOFTWARE: In 1997 <br />new financial and payroll software was purchased to replace the current ten year old software <br />that was no longer going to be supported by the vendor. In 2002 the current software will be <br />five years old, and, although it is preferable to stay on the same system for as long as possible, <br />at this point it is necessary to make a change to an updated software package that can better <br />handle our needs. There are now more government finance software packages available that <br />run in the PC network environment than there were five years ago. These new and updated <br />software packages are more compatible with the reporting and accounting changes required by <br />GASB 34. Review and selection of software will begin soon with the purchase and <br />implementation planned for 2002. <br /> <br />MONITOR LEGISLATION: The Finance Department will continue to closely monitor <br />bills proposed by the Legislature that may impact the city. The Governor's Big Plan, tax <br />increment financing, economic development, personal property tax on utilities, sales tax <br />exemption for cities, and property tax legislation are of particular interest. Of course, we will <br />take action as necessary and work with associations such as the League of Minnesota Cities as <br />the bills work their way through the legislative process. <br /> <br />ONGOING GOALS: It is always the Finance Department's goal to provide accurate and <br />timely financial information to all staff, elected and appointed officials, and the public and to <br />serve as a resource to make the city operate as efficiently and fiscally responsible as possible. <br />
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