February 10, 2004: Board of Audit Minutes
TOWN OF CRANE LAKE
BOARD OF AUDIT MEETING
February 10, 2004
The February 10, 2004 Board of Audit Meeting was called to order by Chairman Ruth Carlson at 6:40PM, at the Crane Lake Chapel Fellowship Hall with the Pledge of Allegiance recited by those in attendance including: Supervisors Ruth Carlson, Terrie Hoff, and Mark Anderson, Treasurer Jacque Eggen, Clerk Jo Ann Pohlman, a reporter from the Voyageur Sentinel and 2 members of the community.
There were no additions to the Agenda.
Minutes – The minutes of the 2003 Board of Audit Meeting were previously approved at the 3/19/03 meeting.
Treasurer’s Report for Fiscal Year 2003 – Jacque read the following financial statement for fiscal year 2003: Beginning Balance – $3,930.16, Receipts – $148,646.95, Disbursements – $130,618.26, Balance – $21,958.85. A motion was made by Terrie, supported by Ruth to approve the Treasurer’s Report for Fiscal Year 2003. Motion carried.
The Supervisors inspected the Clerk and Treasurer’s Reports and Books and found them to be in clear and correct order. A motion was made by Mark, supported by Terrie to approve the financial findings of the accounting books. Motion carried.
The Supervisors reviewed the State Auditor’s Town Financial Reporting Form. A motion was made by Terrie, supported by Mark to approve the State Auditor’s Town Financial Reporting Form as presented. Motion carried.
The Supervisors reviewed the Projected Revenues & Expenditures for 2004. There were no revisions to the 2004 Budget. A motion was made by Mark, supported by Terrie to approve the Projected 2004 Budget as presented. Motion carried.
The Supervisors reviewed the Proposed Revenues & Expenditures for 2005.
There being no further business, the meeting was adjourned at 7:20PM.
Jo Ann Pohlman Ruth L. Carlson