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And�ka Colunty <br /> �M VIII IIID 1YIIII "'" <br /> Describe the need and urgency for the proposed project. Include the consequences if the project is not <br /> funded: <br /> As earlier stated, many homes are currently served by shallow wells that are subject to contamination. <br /> This project will provide the infrastructure for low and moderate income families to connect to city <br /> water,cap their existing wells and receive the same fire protection afforded to newer, more affluent <br /> neighborhoods in the city. Homes with wells do not benefit from the fluoride added to the City water <br /> supply and are not privy to the benefits that fluoride provides teeth.Also,the project would facilitate <br /> the city's compliance with the DNR's water conservation mandates by measuring water consumption. <br /> This project also provides urgently needed street and storm water improvements. The existing <br /> properties drain poorly and the streets are severely degraded compared to most neighborhoods in <br /> Centerville. <br /> If this project is not funded,then we may have to consider delaying the reconstruction. Residents will <br /> not be able to connect to city water even if their well fails,forcing them to fully pay for a new private <br /> water system. <br /> Describe the applicant's fiscal management including firiancial reporting and record keeping: <br /> The City of Centerville utilizes a fund accounting system consisting of a General Fund,Debt Service <br /> Funds,Capital Project Funds for equipment and streets, and Enterprise Funds for water,sewer,storm <br /> water, garbage and recycling. Budgets are prepared annually. All accounts are reconciled on a <br /> monthly basis with periodic financial reports submitted to the City Council in order to monitor budget <br /> to actual amounts. The City goes through an annual audit and submits financial reports to state and <br /> federal authorities as required by law. <br /> 6 <br />