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2023 Vol 17, Issue 4 August Gem Lake News
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2023 Vol 17, Issue 4 August Gem Lake News
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Special Interest <br />Articles: <br /> <br />• 2022 Audit Completed <br /> <br />• Gem Lake Scholarship <br />Awarded <br /> <br />• City News, Page 4 <br /> <br />• White Bear Area Food <br />Shelf Seeks Your Help, <br />Page 5 <br />Scheduled Recycling <br />Dates: <br /> <br />• August 2 <br /> <br />• August 16 <br /> <br />• August 30 <br /> <br />• September 13 <br /> <br />• September 27 <br /> <br /> <br /> <br />City Passes 2022 Audit with Flying Colors <br /> <br />Gem Lake's 2022 audit is now complete and the <br />results are fairly standard. City Council Members were <br />given a complete presentation of the results at the <br />June 18 City Council Meeting. <br /> <br />The audit was conducted by MMKR Certified Public <br />Accountants, who also did the previous year’s audit. <br />According to MMKR, the result was what is called an <br />unmodified report, which is good. Auditors found that <br />the financial statements of Gem Lake presented fairly <br />in all material respects the true financial position of the <br />city. <br /> <br />Management judgments and accounting estimates <br />were considered reasonable and supported. <br />Disclosures were deemed to be clear and complete. <br />According to the accounting firm, no difficulties were <br />encountered in performing the audit. <br /> <br />Auditors found no incidents of noncompliance required <br />to be reported under Government Auditing Standards. <br />There were also no findings based on testing of the <br />City’s compliance with Minnesota laws and <br />regulations. <br /> <br />(Continued on page 2) <br /> <br /> <br />Gem Lake Scholarship Awarded <br /> <br />Ms. Kristina Pratt, a recent high school graduate in <br />Gem Lake, was recently awarded a scholarship for <br />post-secondary education as part of the Gem Lake <br />Scholarship Program. This ten-year-old program is <br />funded by Charitable Gambling receipts and has <br />helped several dozen Gem Lake students with <br />education expenses since its inception. <br /> <br />Pratt had a stellar scholastic background during her <br />high school years, as demonstrated by her four years <br />on the A-Honor Role at White Bear Lake Area High <br />School. She was active throughout high school in both <br />sports and volunteer activities. This included serving <br />as captain for both the soccer and golf teams, and <br />volunteering for Ambassadors, Link Crew and the <br />National Honors Society. <br />(Continued on page 2) <br /> <br />Gem Lake News <br />August 2023 | Volume 17 | Issue 4 Gretchen Artig-Swomley, Newsletter Editor <br />
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