2014 Vol. 8 Issue 3 June - Laserfiche WebLink

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Gem Lake News Page 2 of 6 Gem Lake’s recent business district study, which is referenced on page one, included a survey of Gem Lake residents, business owners, and those owning land in the business district, in order to obtain their thoughts on the present conditions, and suggestions for development in the future. Key survey results are summarized here: Run down facilities, a negative business climate and the lack of sewer and water are among the factors keeping Gem Lake's business district from thriving. This is according to the thirty four responses to a recent survey of residents and businesses in Gem Lake that was conducted as part of business development study. While the response number was too small to be statistically accurate on all counts, Marc Putman of Putman Design and Planning, who sent out the survey, noted that respondents took a lot of time to thoroughly respond. "Residents and land owners who did return the forms, provided rather complete responses, with written narratives of observations, problems and solutions." Almost all of the surveys return were filled out by people who live in Gem Lake. (33 out of 34) Most said they would do local shopping if more services were available in Gem Lake. Currently, 50% of respondents said they shop locally, when possible, but 79% said they would make a point of it if the stores and services were there. The general views of our business district were somewhat brutal. Among the comments were the following quotes:  "A big problem is seeing unkempt back of businesses."  "It’s an ugly business district. Looks run down."  "The biggest problem is access."  "The area is very fragmented, has no focus, has no logic, and basically does not serve the City of Gem Lake." (continued on page 3) Development Study Survey Results Summarized Audit Completed for 2013 City Finances (continued from page 1) According to Christopher Knopik, a Manager of CliftonLarsonAllen, no difficulties were encountered in performing the audit. “In fact, management was most cooperative and helpful. We found that personnel and records were available.” They also noted that city finances are in good shape, with a healthy general fund balance in reserve for city expenses. The Minnesota Office of the State Auditor recommends that cities have no less than five months of operating income in reserve. Gem Lake is more than on target here, having approximately 15 months of operating funds in the general fund. They also found that tax revenues were consistent with the budget. Outstanding debt also decreased in 2013, due to the early calling of several city bonds. Financial statements and the required State Auditor Reporting forms were both submitted to the applicable state agencies before the June 30 deadline.