Meeting Agenda
1. Open Meeting
2. Roll Call
3. Items of Business
3.A. Consider a recommendation to the City Council on the City Audit Report (Auditors Zooming in) 
3.B. Consider a recommendation to the City Council on the KENO Audit Report 
3.C. Consider the Master Fee Schedule amendments 
4. Officers' Reports
5. Adjournment
Agenda Item Details Reload Your Meeting
Meeting: March 4, 2025 at 5:00 PM - Finance Committee Meeting
Subject:
1. Open Meeting
Rationale:
  • In accordance with Nebraska law, a copy of the Open Meetings Act can be found in the back of the Council Chambers.
  • Items listed on the agenda may be considered in any order.
Subject:
2. Roll Call
Rationale:
  • Attendance of members will be recorded to determine the presence of a quorum for official actions.
Subject:
3. Items of Business
Rationale:
  • The Committee may discuss or limit discussion on, hear testimony in favor of or in opposition to, or take action to provide a recommendation to the City Council on any matter presented under this title.
Subject:
3.A. Consider a recommendation to the City Council on the City Audit Report (Auditors Zooming in) 
Discussion:
Marcy Luth with AMGL virtually joined the meeting to discuss the findings of the audit report. Luth went through and reported on the audit of the financial statements. 
Luth stated that Independent Auditor's Report on Internal Control Over Financial Reporting and On Compliance and Other Matters Based On An Audit Of Financial Statements Performed in Accordance With Government Auditing Standards. The auditors identified certain deficiencies in internal control that they considered to be significant deficiencies. 
Segregation of Duties: Due to the limited number of personnel, there is no adequate segregation of duties to ensure internal control over cash receipts, disbursements, and recording of transactions. 
Bank Reconciliations: The September 30th, 2024 bank reconciliations had several erroneous outstanding items and transfers between bank accounts that were misposted in multiple instances throughout the year. The auditors stated that bank reconciliations should be reviewed for accuracy each month. 
City Administrator Tom Ourada stated that these things have been addressed. 
Action(s):
Motion Carried:
Recommended to the City Council the City Audit Report Carried with a motion by Dale Strehle and a second by Ashley Newmyer.
  • Kyle Frans: Aye
  • Ashley Newmyer: Aye
  • Dale Strehle: Aye
Attachments:
Subject:
3.B. Consider a recommendation to the City Council on the KENO Audit Report 
Action(s):
Motion Carried:
Recommended to the City Council on the KENO Audit Report Carried with a motion by Dale Strehle and a second by Ashley Newmyer.
  • Kyle Frans: Aye
  • Ashley Newmyer: Aye
  • Dale Strehle: Aye
Attachments:
Subject:
3.C. Consider the Master Fee Schedule amendments 
Discussion:
City Administrator Tom Ourada stated that one of the amendments is to the itinerant merchant/peddler permit and it is going from $25 to $100 and the seasonal permit from $325 to $500. Another amendment is removing youth basketball. There are also multiple amendments to the Pool-Season Passes. The Individual pass is going from $75 to $60, two person pass is going from $95 to $90, three person pass from $115 to $120, four person pass from $135 to $150, the five person pass from $155 to $180, the six person from $175 to $210 and the seven or more pass is $240. The swim team registration is going from $75 to $80.
Action(s):
Motion Carried:
Recommended to the City Council the Master Fee Schedule amendments Carried with a motion by Dale Strehle and a second by Ashley Newmyer.
  • Kyle Frans: Aye
  • Ashley Newmyer: Aye
  • Dale Strehle: Aye
Attachments:
Subject:
4. Officers' Reports
Rationale:
  • Reports may be given by the Mayor, Officers, Departments, or Councilmembers concerning the current operations of the City.
  • No action can be taken on matters presented under this title except to answer any questions or to refer the matter for further action.
Subject:
5. Adjournment

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