01/10/2017 - Laserfiche WebLink

Home Browse Search

He reviewed the independent auditors report and noted that there was a delay because of reports from Nebraska Public Employees Retirement System. The audit was conducted in accordance with auditing standards accepted in the Government Auditing Standards. He stated that there are changes coming out in the future. The Management letter is an overview of the audit. The county's financial statements are on the basis of cash receipts and disbursements. He addressed the federal auditing standards on federal awards has changed and there are new standards. The audit requirement for federal awards was increased to $750,000.00 and Hall County received $1,089,820.00 for the current fiscal year and that is a 9% increase. The cash at June 30, 2016 was a 38% increase and the expenditures and transfers was a 9% increase. He also noted the capital improvements. He reviewed the various funds. He also reviewed the pledged collateral. He reviewed the payments for the bonds for the jail. Page 63 addresses their report on internal control and page 65 reviews their responsibility and page 68 noted there were no significant issues. Lancaster noted that the expenditures will be up and the revenue will be down $2.5 million they need to watch for other revenue dollars. 7c) RECEIVE AND PLACE ON FILE HALL COUNTY FINANCIAL REPORT FOR YEAR ENDED JUNE 30, 2016 - Schuppan made a motion and Quandt seconded to receive and place on file the June 30, 2016 audit. Arnold, Bredthauer, Lancaster, Lanfear, Quandt, Richardson and Schuppan all voted yes and none voted no. Motion carried. 11:35 a.m. Held the Board of Correction meeting Recessed the Board of Corrections meeting and will have the jail tour after the regular meeting is adjourned. BID OPENING FOR FIBER OPTIC INTERNET SERVICE — Doug Drudik stated they reviewed the bids and they need to select a different party for the fiber optic internet service but they also need to have a backup. There is a problem with the party with the low bid so the rational is to accept the bid from Nebraska Link. So the committee is recommended to accept the bid from Nebraska Link. Arnold made a motion and Lanfear seconded to accept the bid from Nebraska Link. This is a 6 year program and they will have 2 bills one from Spectrum for the $250.00 backup and one from Nebraska Link for$910.00 a month. Arnold, Bredthauer, Lancaster, Lanfear, Quandt, Richardson and Schuppan all voted yes and none voted no. Motion carried. 15. DISCUSSION AND ACTION REGARDING INTERVIEWS FOR THE WEED BOARD VACANCY--Schuppan stated that they have 2 individuals that responded to the position on Weed Board and he would like to have them come to the next board meeting and introduce themselves and do an informal interview. Chris Riha and Dennis Wells submitted applications Stacey suggested that they set the time for 10:10 a.m. and 10:20 a.m. for the interviews at the January 24, 2017 board meeting. 8