HomeMy WebLinkAbout[04c] Fire Relief
Council Agenda Item 4c
MEETING DATE: August 21, 2017
AGENDA ITEM: Fire Relief – Requested Action: Acknowledge the 2016 Report
indicating a $ 0.00 liability for the 2017 Relief Contribution.
SUBMITTED BY: David Salzer, St. Joseph Fire Relief Association
BOARD/COMMISSION/COMMITTEE RECOMMENDATION:
PREVIOUS COUNCIL ACTION: Annually the Council receives the report.
BACKGROUND INFORMATION: The Fire Relief Association is a separate entity from the St.
Joseph Volunteer Fire Department. The St. Joseph Relief Association manages the retirement for the
volunteer Fire Department. The Mayor and Administrator/Clerk are financially responsible and attend the
quarterly meetings. Annually the Relief Association must present the Council with a financial statement
illustrating the fund status and required municipal contribution.
This fund is audited separately from the City Audit and the Relief Association is responsible for the
independent audit. Like the City Audit, this information is filed with the State of Minnesota. This year
the Fire Relief Association changed auditors and engaged KDV, the same auditors the City uses. The
change provided for quicker turn around and ease.
Page 4 & 5 of Form SC-12 illustrate the required contribution for 2016. As can be seen on the attached
the projected municipal requirement is $ 0.00. The Fire Board has previously agreed to provide a $ 3,000
contribution when the City does not have a liability.
The Council does not need to approve this report; rather they must accept the report authorizing the
administrator to execute the same. This report is a mechanism to assure that Councils are aware of the
condition of the retirement fund and have advance notice of any required contribution. The reports are
due to the State prior to Cities preparing their budget so the shortfall can be included. Due to retirements
and a sluggish market the liability has not changed much over the last three to four years.
BUDGET/FISCAL IMPACT: Inclusion of $ 3,000 for the 2018 Budget
ATTACHMENTS: Request for Action
Summary Financial Report
REQUESTED COUNCIL ACTION: Accept the Fire Relief Report and authorize the Administrator
to execute the Fire Relief Report indicating that the Fire Relief has presented the report to the City
Council identifying the liability for 2017.
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