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City auditor warns ambulance fund may require cash transfers or a qualified opinion; council calls special meeting
Summary
An auditor letter to the International Falls City Council said growing interfund borrowings to cover ambulance operations may no longer be repayable, forcing either permanent transfers or a modified audit opinion. Council scheduled a special meeting to consider options.
An auditor’s letter presented to the International Falls City Council on July 7 warned that recurring operational deficits in the city’s ambulance fund have grown to the point that the amounts borrowed from the general fund “cannot and will not actually be repaid,” and said auditors may require either permanent cash transfers or a modified opinion in the city’s year‑end audit.
The letter, authored by Ryan Schmidt of Schleiner Wenner & Co. and read into the record at the meeting, said the ambulance fund has been treated as holding short‑term loans from the general fund but that accounting may no longer reflect facts on the ground. “If no action is taken to address the situation, we as the city auditors will soon be forced to conclude that the amounts borrowed from the general fund to the ambulance fund cannot and will not actually be repaid,” Schmidt wrote.
The f…
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