2012 City Audit Report

I want to share the City of Isanti’s 2012 Audit Report. The independent auditing firm of Abdo, Eick & Meyers LLP will be presenting the Audit at next week’s Council meeting. The report shows how efficient and well run our City is. It points out that the Long Range Financial Plan I developed in 2007 and manage each year has made us financially stable and improved our ratings in all categories through one of the worst economic crisis in our Country’s history. I have listed a few of the highlights below:

City Administrative cost 26% lower than Peer Cities

Public Works 39% lower than Peer Cities

Park and Recreation 38% lower than Peer Cities

Public Safety 5% higher than Peer Cities

Economic Development 380% higher than Peer Cities

Net debt per Capita down 40% in last 4 years

2004 to 2007 Taxes per Capita rose 49%, since taking office in 2007 we have lowered it by 10%

Net Taxes per Capita are now 26% lower than Peer Cities

Net Cash to cover Debt is up 220%

Cash on hand as a % of Budget is up 63% since I took office in 2007

2013 Budget is 14% less than the budget set in 2006 before I was elected Mayor

Liquor Store operating income has risen 160% since I have become Mayor

Our Long Term Financial Plan is working and with each change we make we have made City operations in all areas more efficient and providing a higher level of services. We have more police protection, higher rated fire protection, safe water supply after building treatment plant, more efficient & lower cost administration, great parks and trails, growing business sector and the list goes on and on … we have so many things in the pipeline for our Great City that I am more excited about serving Isanti as Mayor than I have ever been. I look forward to all the challenges we face in the years to come and conquering each new challenge to bring brighter days to all the Generations of our Community.