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Page 44 notes the schedule of expenditures of the federal awards <br /> Page 49 & 50 schedule of findings federal expenses all the findings and noted <br /> segregation of duties and it is not in the county's best interest to hire more people also <br /> the cash management for the register of deeds and they need help resolve this issue <br /> Page 51 addressed the difference in the software and they need to resolve this issue <br /> make sure that it continues to work <br /> They also disclose that they are doing the financial audit and there were no finding on <br /> the federal audit <br /> Sorensen ask about being down $3 million this is the payment of property taxes and it <br /> should remain stable there was also the payment of the bond funds. <br /> There ae the increased cost because of the supply chain and the biggest revenue is <br /> received in May and September. That is why is necessary to work on the reserves. <br /> And they will continue to work on this need to increase the cash reserve it needs to <br /> equal to 50% of the expenditures. <br /> There is the downturn in the revenue from the jail and COVID could have affected this <br /> Mr. Bahensky is working on the daily rate. <br /> Lancaster if cash reserve is down they could take it out of the inheritance fund or <br /> increase the tax rate if the cash reserves are down that is a problem <br /> Discussion was held on the pledged collateral and Hurst ask why the county has not <br /> had those. Kayla stated that Five Points Bank is part of the Nebraska Bankers <br /> Association agreement that automatically covers the funds you can pull up the report <br /> that shows banks that are incompliance it is a nice time saving process they are <br /> automatically covered. <br /> Kayla reviewed the report to the Board of Commissioners <br /> There were no disagreements all issue were resolved she reviewed the tables and <br /> looking for a full year of the software program there were no major findings. The <br /> signature pages were also included. <br /> 11. DISCUSSION & POSSIBLE ACTION TO RECEIVE & PLACE ON FILE THE HALL <br /> COUNTY ANNUAL AUDIT 6/30/2021 FROM LUTZ - Lancaster made a motion and <br /> Quandt seconded to place on file the Hall County annual Audit for June 30, 2021. <br /> Bredthauer, Hurst, Lancaster, Peterson and Sorensen all voted yes and no one voted <br /> no. Jane Richardson was absent. Gary Quandt left the meeting at 11:00 a.m. <br /> 19 FACILITIES UPDATE — Mr. Humphrey stated they finished the other conference <br /> room at the Courthouse Annex. He is working on the bi-annual report for the Federal <br /> Building. Mr. Humphrey stated the county submitted a plan for the use of the Federal <br /> Building and if they do any remodeling or changes on the original plan they will have to <br /> Zo <br />