The audit presentation provided by the city auditor was an event at the meeting. The auditor reviewed the city’s financial statements, emphasizing their reliability for performance evaluation and future decision-making. The auditor described the city’s statement of net position, noting a decrease in current assets due to the utilization of cash for capital projects like the County Road 5 extension and storm sewer improvements. Meanwhile, non-current assets increased as cash was converted into physical assets. The report highlighted an increase in contracts payable due to the completion of large construction projects by year-end, whereas the city’s pension liability decreased due to favorable investment performance by the Public Employees Retirement Association. The general fund’s cash balances showed fluctuations, reflecting the city’s financing strategies, and it was reported that revenues exceeded expenditures in 2023, despite higher transfers out for capital projects.

The discussion on the audit transitioned to the overall fund balance, focusing on the unassigned fund balance, which is available for discretionary spending. As of the end of 2023, the city maintained approximately seven months’ worth of expenditures in this fund balance, considered a healthy ratio above the recommended minimum of six months. The auditor outlined that property taxes and local government aid are major revenue sources, arriving about six months apart, necessitating a robust reserve in the general fund to cover expenses and unexpected costs during these periods.

Infrastructure projects were another focal point, with updates on the County Road 5 extension, which is anticipated to be completed as scheduled this year. The meeting also addressed the Morningside intersection at Highway 212 in Glencoe, currently under construction for a roundabout, advising attendees to prepare for detours in that area. Additionally, a concrete overlay project for County Road 1 was discussed, which will extend from Southwest Lester Prairie into Winsted. Although most of the overlay is planned to be concrete, an asphalt section through city limits is being considered due to existing utilities under the road. Concerns were voiced about the potential impact of extended construction on local businesses, with concrete work typically taking longer and possibly leading to prolonged closures. Discussions with county and city engineers are ongoing to address community needs effectively.

The meeting also explored community services, particularly the application process for expanding Early Head Start and Head Start programs. A grant application is being submitted by Dr. Lockhart, with results expected around September. The council commended community interest and participation in these programs, with special acknowledgment given to Superintendent Wal Brush for his engagement.

Staffing challenges within county departments, especially in Health and Human Services, were discussed. The auditor-treasurer’s office has also faced issues, particularly with the licensing center, which has been noted to receive complaints about wait times. Members suggested improvements in the physical arrangement of the customer service area to enhance visitor experience and mentioned that online appointments could help reduce wait times.

The council approved several items on the consent agenda, including declaring a 2018 Ford Explorer SUV as surplus for sale, authorizing a land lease with N Structures Incorporated, and accepting a $10,000 donation from Security Bank and Trust Company for capital improvement plans for the fire and police departments. However, there was notable discussion and dissent regarding hangar leasing terms at the Winsted Municipal Airport, particularly concerning the requirement for leaseholders to possess an aircraft and pilot’s license. Ultimately, the motion to approve the consent agenda, excluding the disputed items, was passed.

Further discussions included updates from the County Board meeting, particularly the processing of a large assembly permit for the Windstock event and funding approval for treating curly-leaf pondweed in Winsted Lake. Changes in the County Parks plan, including the removal of existing restroom facilities in favor of ADA-compliant portable restrooms, were also mentioned.