I used to once upon a time I used to have a fear of the auditors when they would come in. Um, you know, um, I think a lot of people look at them from a adversarial role. Um, but I've over the years and definitely with our current audit comp, uh, firm that we're using, LB Carlson, that um, really have embraced that whatever they find just makes us better.

As part of our testing of that Minnesota legal compliance audit report, we did have the one comment to report there. Um, and it relates to just paying your bills within the 35-day payment period. Um, as part of our testing, we did have two of the 40 dispersements tested that were paid outside of that 35 days.

I just didn't want the auditor to get hopes that we're going to be able to fix this cuz we can't. It's an unfixable situation unfortunately.

So when we were fortunate to receive some of the corona coron coronavirus money which we got about 1 three and a half 1.366 actually from coronavirus uh the original intention on to that that was passed by city council that we were going to utilize it for um the 2022 street projects um which included seventh street um that was out there um through bidding and other things after we bonded and the bidding environment and everything that came in um we ended up uh not needing those funds. So, um, last year at the beginning of the year, um, came back to city council, um, and had city council pass resolution to allow, um, the funds to be utilized to pay for, um, public safety, which is a qualifying activity for the use of the I call them ARPA funds.

Oh well I appreciate your overall summary. I think what we need to work on as a city is the deposit and the escrow reconciliation. And that's what we need to focus on given the fact that this is a continuous audit trigger as it's come from year to year.

The exception to to that one is is the general fund because the general fund doesn't have as as uh your enterprise funds have a you know have a pretty full full acral method that's applied to them where your general fund account um does not... Now, what how did I our general fund perform this past year? It performed very well. I mean, we were positive over a million dollars. Um, and um fantastic. Now, does that mean we have a million dollars just to move anywhere we want? Going to caution you and hold up a little bit. And here's the reason. We have a fund balance policy that we are trying to maintain 50% in our fund balance. We're currently at 57% of our subsequent budget.