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City of Minot does not have a surplus

September 29, 2013

Cindy K....

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Sep-30-13 8:28 PM

How could minot have a surplus with all the government employees there aren't enough of us to pay anymore.

Between the new buildings and new salaries there will never be enough.

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Sep-29-13 5:09 PM

Cindy, I personally did NOT calculate a surplus - that is what is on the website ***********minotnd**** And what is on the website as surplus doesn't count the "cash in bank & investments" which in 2012 was 89mil on top of the 100mil in "surplus". If that 'surplus' is for other expenses it shouldn't be listed as surplus. Your comment about the 1 cent sales tax made no sense either. Obviously as the 'finance director' you're more knowledgeable than I am but it then needs to be explained to the lay person. I'm sorry what you explained in that letter made no sense to me. I see you subtracting 4mil from 5mil and getting 10mil? Obviously that's not what you meant but that is what it looks like. Maybe you can explain it more clearly and maybe the city needs to budget better since a 'surplus of 15mil 3 yrs ago got us thru but the 'surplus' of 100mil is barely enough it sounds like for 2013???

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Sep-29-13 1:18 PM

more like, "I have not a dime in my pocket nor any money in the bank. I am broke. "

"What about the $300,000 under your mattress?"

"Oh that, well I can't spend that on food or housing. that is for my boat, spa treatments, cruises and excursions."

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Sep-29-13 8:14 AM

All that money. Causes lots of bean counting. Makes for lots of room for mistakes and lots of room for those costs involving loss to increase.

A closed door policy would be a bad idea, so an open door policy is the only choice to choose.

Question: Where does that money come from and who is it that really does the paying of all of those bills?

Answer: The taxpayer, that's who.

These days, they gripe a lot, lots of room for complaining these days, unfortunately, but that is how it is.

The job of financial director in Minot is one thankless job. You have to be willing to listen and be able to explain all expenses involving the costs to run the city.

Seems as though there is plenty of money sloshing around in those accounts, so why is everybody in gov always asking for more?

Do you really need more all of the time?

The issue is taxes, too many of them and too much.

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Sep-29-13 7:30 AM

Where are these CDBGs for the citizens who went ahead and build immediately like you said? In addition, if you were to follow state law, Minot could be making so much more use of monies and revenues.

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