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Willmar council accepts 2023 audit, hears funding pressures and accepts donated fire‑safety trailer

Willmar City Council · September 17, 2024
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Summary

The council accepted the city’s 2023 audit noting a general fund balance below the city’s policy minimum ($6.2M vs. $7M policy), discussed budget pressures and rising project needs, and approved acceptance of a donated fire prevention/smoke escape trailer from the City of Renville.

The Willmar City Council accepted the 2023 audit after an auditor presentation that highlighted an accounting policy change tied to a newly implemented enterprise system, routine challenges reconciling old and new records, and several budget variances.

The auditor told the council the city ended the year with a general fund balance of about $6.2 million, below the council’s adopted minimum policy of $7 million, and that the community investment fund ended the year at $11.8 million after favorable investment performance. The auditor and council discussed that some departments (police, public works, parks and recreation) had budget overages driven largely by higher payroll and project costs and that the city had issued $8,370,000 in bonds during 2023, increasing overall debt by about $5.7 million.

Following the audit acceptance vote (8‑0), the council accepted a donation from Renville of a 2002 model fire prevention smoke‑escape trailer for the fire department’s education and training programs; the department plans to store and share the trailer countywide. The donation passed on a unanimous roll call. Council members also used the time for community announcements, including reminders about the comprehensive plan survey and retirements in city departments.

Councilors asked about budget procedures for acknowledging departments that go over budget during the year, and the auditor and finance staff reiterated that the council has authority to amend budgets and should consider periodic adjustments and public reporting as appropriate.