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CCMtg03-06-95WSMinLONGWOOD CITY COMMISSION LONGWOOD CITY COMMISSION CHAMBERS LONG WOOD, PI.ORIDA MARCH G, 1995 Resem: Mayor Iris Henson Depaty Mayor Jim Carrico Commtxxioner Bin winnon Con er Annamarie Vacca W. ShehonnSmiN, City AdminlsvaUv Richard Taylor, Ciry Aaorney Gualtline D. Zavrbii, City Clerk ]oho Brock, Director of Planning/Bldg. Servicex Chief Chmlex Chapman, Fire Depanmevt Dawn Jackson, Personnel Officer Chief Greg Manning, Police Department Daniel McNmt Finance Director Rhonda [xUford, Purchasing Direcor Sondra Lomax, Director of Parks/Recreation Femavd Tibliu, Director of Puhlic Works Eva Neisler, Deputy City Clerk Absen[_ Commissioner Rov Sargent L CALL TO ORDE2 Mayor Henson called the work session to order at 6:30 p.m. 2. PRESENTATION OF ANNUAL AUDIT FOR FISCAL YEAR 1994 BY KUHN, RAKER, CHATHAM & SELAND P.A. Mr. McNutt introduced Mr. Kon Seland, a parmu of the auditing firm, and Mr. Bert King, audit manager. Mr. King began Ne presentation by explaining Nat the Comprehensive Annual Financial Report was formatted pursuant w Ne slanUards set foM by Ne National Council on Qovemmenwl Accounting Mr, King revieweA the graph on page ix of Ne document which explained Ne relative proportion of each source of revenue. Mr. King also explained that Ne growN in interest earnings was derived from an increase in available cazh for investment. He awed pages 2~ and explained Uat Ne overall financial position compared to one year ago had improved by $500,000. He further explained Ne ivaease of $202,49"/ in retained earnings for Ne Water/Sewer Fund. ns illustra~etl on page ]. Mayor Henson opened the Flnor for commenU or questions. Deputy Mayor Carrico questionetl ~" ,jf-.there was more derail on specific items not shown in Ne andit report. Mr. King replied Nat Nose items were furnished separarety by letter, titled "Marmgemem Comments." Commissioner W inston said he had read the complete document and was very impressed. Motion by Commissioner Vacu, secondetl by Commissioner Winston to adjoom Ne mceting. The motion passed by a unanimous voice vote. 3. The minting adjoomed at 6:40 p.m ATTEST: ~,~~~ l~a~,~ Eva R. Neisler, IXputy City Clerk ns Lon, Mayor r 1