IV-C-18 Travel Expense – No disbursements of City money for travel expenses of spouses of City officials or employees were noted. IV-D-18 Business Transactions – Business transactions between the City and City officials or employees are detailed as follows: In accordance with Chapter 362.5(3)(j) of the Code of Iowa, the transactions with the City Council Member and the Public Works Director do not appear to represent conflicts of interest since total transactions with each individual were less than $1,500 during the fiscal year. The transaction with the Mayor does not appear to represent a conflict of interest since it was entered into through competitive bidding in accordance with Chapter 362.5(3)(d) of the Code of Iowa. IV-E-18 Bond Coverage – Surety bond coverage of City officials and employees is in accordance with statutory provisions. The amount of coverage should be reviewed annually to ensure the coverage is adequate for current operations. IV-F-18 City Council Minutes – No transactions were found that we believe should have been approved in the City Council minutes but were not. The City Council went into closed session on May 17, 2018. However, the minutes record did not document the specific information regarding the closed session as required by Chapter 21 of the Code of Iowa, commonly known as the law. Although minutes of City Council proceedings were published, they were not always published within fifteen days as required by Chapter 372.13(6) of the Code of Iowa. Also, the City did not publish annual gross salaries in accordance with an Attorney General’s opinion dated April 12, 1978. This appears to be due to employee oversight. Recommendation – The City should comply with Chapter 21 of the Code of Iowa and document the required specific information for closed sessions. The City should also publish minutes and annual individual salaries, as required. Response – We will comply with the Code requirements for closed sessions. We will publish minutes and salaries as required. Conclusion – Response accepted. IV-G-18 Deposits and Investments – No instances of non-compliance with the deposit and investment provisions of Chapters 12B and 12C of the Code of Iowa and the City’s investment policy were noted. IV-H-18 Revenue Bonds and Notes – No instances of non-compliance with the revenue bond and note resolutions were noted.
IV-C-18 Travel Expense – No disbursements of City money for travel expenses of spouses of City officials or employees were noted. IV-D-18 Business Transactions – Business transactions between the City and City officials or employees are detailed as follows: In accordance with Chapter 362.5(3)(j) of the Code of Iowa, the transactions with the City Council Member and the Public Works Director do not appear to represent conflicts of interest since total transactions with each individual were less than $1,500 during the fiscal year. The transaction with the Mayor does not appear to represent a conflict of interest since it was entered into through competitive bidding in accordance with Chapter 362.5(3)(d) of the Code of Iowa. IV-E-18 Bond Coverage – Surety bond coverage of City officials and employees is in accordance with statutory provisions. The amount of coverage should be reviewed annually to ensure the coverage is adequate for current operations. IV-F-18 City Council Minutes – No transactions were found that we believe should have been approved in the City Council minutes but were not. The City Council went into closed session on May 17, 2018. However, the minutes record did not document the specific information regarding the closed session as required by Chapter 21 of the Code of Iowa, commonly known as the law. Although minutes of City Council proceedings were published, they were not always published within fifteen days as required by Chapter 372.13(6) of the Code of Iowa. Also, the City did not publish annual gross salaries in accordance with an Attorney General’s opinion dated April 12, 1978. This appears to be due to employee oversight. Recommendation – The City should comply with Chapter 21 of the Code of Iowa and document the required specific information for closed sessions. The City should also publish minutes and annual individual salaries, as required. Response – We will comply with the Code requirements for closed sessions. We will publish minutes and salaries as required. Conclusion – Response accepted. IV-G-18 Deposits and Investments – No instances of non-compliance with the deposit and investment provisions of Chapters 12B and 12C of the Code of Iowa and the City’s investment policy were noted. IV-H-18 Revenue Bonds and Notes – No instances of non-compliance with the revenue bond and note resolutions were noted.
18CashCityReportWord_A98EFF6DB8F93.docx