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AGENDA ITEM #11 .2 <br /> "PORT TO <br /> CITY COUNCIL <br /> Date: March 3, 2004 <br /> Subject: Accounting Update and Review of Financial <br /> Reports <br /> Report: Nancy Rudbeck has been working closely with Mike <br /> Lyonais of LarsonAllen to clean up some accounting <br /> issues. She will be present to talk about some potential <br /> accounting procedural changes that we will be <br /> considering sometime after the audit. Nancy will also be <br /> able to discuss the new reporting forms that are attached. <br /> Council Action Requested: No action required <br />