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Home My Public Portal AboutMinutes_CCMeeting_01192010CITY COUNCIL MEETING JANUARY 19, 2010, 7:00 P.M. IONA COMMUNITY CENTER PRESENT: Mayor Brad Andersen, Council President Dennis McArthur, Councilmember Steve Elliott, Councilmember Jane Shaw, Councilmember Dan Gubler, Treasurer Ron Nelson, Public Works Supervisor Zech Prouse, Police Chief Shannon Basaraba, City Clerk Robyn Keyes. VISITORS: Dana Izatt., Bruce Case, Merodene Case, Brian Belnap, Dallin Belnap, Helen Elliott, Ron Roberts. Mayor Andersen welcomed everyone and Councilmember Elliott led with the Pledge of Allegiance. Consent Agenda. The minutes, financial report, and expense report were reviewed. Mayor Andersen asked when the Intermountain Gas franchise payment would be received. Treasurer Nelson said it was typically received by this time, and perhaps it was on the way. Treasurer Nelson said property tax payments were on the way as well. Mayor Andersen thanked Treasurer Nelson for writing explanations for each expense. Mayor Andersen entertained a motion from the Council. Councilmember Gubler made a motion to approve the consent agenda as amended. Council President McArthur seconded the motion. All were in favor. Motion carried. Dana Izatt audit report. Mr. Izatt went over the audit report he had prepared and explained the break down of the report. Mr. Izatt said the City was doing a good job of balancing its revenue and expenditures, and the City was operating in the black. Mr. Izatt cautioned the City that part of its savings were over the FDIC amount for insurance and suggested that the City move some of its money into a different savings account for insurance purposes. Mayor Andersen entertained a motion from the Council. Councilmember Shaw made a motion to approve the audit report. Councilmember Elliott seconded the motion. All were in favor, motion carried. Mayor Andersen thanked Mr. Izatt for his time and input. Council President McArthur thanked the council members, the Mayor, and employees for working together to help the City run effectively and efficiently. Mayor Andersen reiterated President McArthur's remarks. 1 State of the City Address. Mayor Andersen gave his State of the City Address. See attached Appendix A. Mayor Andersen recognized Council member Elliott for his dedicated work for the City. The Mayor said he had always looked up to Mr. Elliott and appreciated the time he had spent with Mr. Elliott on the Council. The Mayor told Mr. Elliott that his presence on the Council would be missed. Mr. Elliott thanked the Mayor and said he enjoyed working on the Council, and he would remain available for Iona Days and the Historical Society. Mr. Elliott said he had lived in Iona his entire life and couldn't think of a better place to live and raise a family. The Council called a recess at 7:50 to wish Councilmember Elliott good luck and thank him for his time, and welcomed Council member Case onto the City Council 8:05 the Council reconvened. Swearing in of elected officials. Clerk Keyes swore Mayor Andersen into the office of Mayor. Then Mayor Andersen swore Dennis McArthur and Bruce Case into their offices of Council members. The Oath and Certificates were signed by the Mayor and the two Council members. Mayor Andersen entertained a motion to approve Robyn Keyes as City Clerk. Council President McArthur made a motion to approve Robyn Keyes as an appointed official city clerk. Councilmember Gubler seconded the motion. All were in favor, motion carried. Mayor Andersen entertained a motion to approve Ron Nelson as City Treasurer. Council President McArthur made a motion to approve Ron Nelson as an appointed official city treasurer. Councilmember Shaw seconded the motion. All were in favor, motion carried. Mayor Andersen entertained a motion to approve Dale Storer as City Attorney. Councilmember Case made a motion to approve Dale Storer and as appointed official city attorney. Councilmember Gubler seconded the motion. All were in favor, motion carried. Mayor Andersen handed out the meeting schedule for 2010 and the Council assignments. All agreed to their assignments. The Mayor suggested that the City try a Halloween event 2 this next year by showing a movie in the building and offering the parking lot for trunk or treat. The Council agreed. Mayor Andersen entertained a motion to enter into executive meeting. Councilmember Gubler made a motion to enter into executive meeting under Idaho Code 67-2345(1). Council President McArthur seconded the motion. Regular meeting adjourned at 8:22 p.m. Executive session convened at 8:22 p.m. Executive session discussion was over proper council ethics. Executive session adjourned at 8:50 p.m. Regular meeting convened at 8:50 p.m. Councilmember Gubler made a motion to adjourn. Council President McArthur seconded the motion. Adjourned 9:00 p.m. 3 Appendix A CITY OF IONA State of the City Address By Mayor Brad Andersen January 19, 2010 We are here to discuss the State of the City. Before we reflect on last year's accomplishments, I would like to personally thank Robyn Keyes, our City Clerk; Ron Nelson, Treasurer; Dale Storer, Attorney; Zech Prouse, Public Works Supervisor; Shannon Basaraba, Police Chief; Bob McBride, Building Inspector; our P/Z Commission (e.g. Dan Garren, Lance Ellis Adrain Beazer, and Roy Hobbs); and all of the other committees and volunteer's that make Iona great. We also would like to recognize City Council members: Dennis McArthrur (President), Steve Elliott, Dan Gubler, and Jane Shaw for their service and commitment to making Iona a great city. Once again, I would like to especially like to thank Robyn, Zech, and Shannon who are in the trenches everyday and make us look good. On behalf of the City I would like to recognize and thank Councilmember Steve Elliott for his past four years of service. October, 2009, Mr. Steve Elliott decided to retire from the City of Idaho Falls. Since he was retiring from his full time job, Steve decided not to seek re-election, so that he could spend more time with his family. Mr. Elliott has been instrumental in improvements to our parks/recreation (e.g. bathroom), Historical Committee liaison, and entertainment for Iona Days. Mr. Elliott will be missed and we hope that we can persuade him to still help out with the entertainment for Iona Days. Mr. Case will be taking Mr. Elliott's council seat. The City would like to welcome Mr. Bruce Case as the newest member of the city council, and we look forward in working with you the next four years. Accomplishments for 2009: 1. 12t Annual City Easter Egg Hunt was held on April 11"'. Robyn Keyes chaired and coordinated the event with assistance from Chief Basaraba, Zech Prouse, and Ron Nelson (food). 2. Established a Police Office under the direction of Chief Basaraba. 3. Tree Committee — Robyn Keyes and committee sponsored Arbor Day Celebration on May 15. Also, the tree committee completed a tree inventory of City Trees. 4. Approval of two grants from the Safe Routes to School Program. One was for $28,000 for installing lights and signs in front of the Iona School. The other is $99,000 for extending the bike and pedestrian path along 55`h Street and Iona Road. 5. The annual City Spring Clean Up was held on May 2. 6. A new drinking water fountain was installed in the Square. 7. Iona's T-Ball, pitching machine, and girl's softball program continued as it has in the past. Thanks go to our Program Coordinator Kaylyn Resendez. 8. A new slide and skate board equipment was installed in the Square. 9. Repair and resurfacing of the City's tennis courts was completed. 10. Repairing the City's Water Tank under the supervision of our Public Works Supervisor Zech Prouse - saving the City almost $60,000. 11. Iona's Lion's Club continued to have the 4`h of July breakfast, and the Iona Day's breakfast, and provided service to the community through donations, time, and labor. 12. Veteran's Monument was installed headed was up by Dixie Hunting. 13. Establishment of a movie in the park in the summer, two events this summer. 4 14. A new City Home Page was developed with City Code, minutes from the Council meetings available for viewing. 15. There were many Eagle Scout Projects and service projects that saved the City money and enhanced the community. VISION: My vision for the City of Iona for this year and the future is as follows: 1. Manage the growth of the City and enforce strict development requirements. 2. Bring well #3 online and build a new well house this year. Continue to upgrade our water system and ensure it is adequate for our community now and in the future. 3. Keep Iona as a family community and manage commercial growth. 4. Eventually establish an outdoor swimming pool and/or water park. 5. Continually improve our parks each year. If you are like me, people want to get down to the nuts and bolts and what is the State of the City. The City of Iona is not a little village anymore. The growth and more people coming into the area also brings unexpected events, like the bomb scare that we had this last year. Also, with the shortage of snowfall and the prediction of a dry spring, we need to learn to be water conscious. The average family uses over 45,000 gallons of water each month. This is approximately three times more then the national average. We need to change our old habits and start to conserve our most important resource, which is our water. I am very optimistic that the future for Iona is very good. Even though worldwide and statewide economies look bleak, the City of Iona has a bright future. Our budget is in the black! The City of Iona has approximately $800,000 in savings that will let us operate as a city, maintain the quality of life that we enjoy, upgrade the City's infrastructure, and provide a nest egg for unexpected events. Nationwide and Statewide the economy in 2010 will probably be as tough as it was in 2009, but by being conservative with our spending and working together as a community, I have faith in the people of Iona that we can wait out this storm and move forward. However, we will need to work together as a community. Once again I would like to thank all of those wonderful people of Iona who did some kind of service in 2009 for the City. For the rest of the people of Iona who did not get involved in 2009, I would challenge each family, in 2010, to do something for the community. Whether it is being a good neighbor or doing some kind of service for the City, please volunteer and do some kind of service. For service is the rent we pay for living here. Sincerely, Brad D. Andersen, Mayor 5 MONTHLY EXPENSE REPOI 12/31 /2009 Amount Date Description ROCKY MTN POWER $ 2,732.04 ELECTRICITY CHASE CAR SVC $ 402.50 POLICE -ANTI VIRUS EQUIP BRAD ANDERSEN $ 99.70 CHRISTMAS LITES ALLEN ABOOD $ 1,500.00 POLICE COLUMBIA PAINT $ 31.53 PAINT FIRST RESPONDERS $ 43.99 POLICE UNIFORM PSI $ 50.90 GARBAGE FIRE SERVICES $ 87.00 FIRE EXTINGUISHER SERVICE PEAK ALARM $ 91.35 ALARM SERVICE TETON COMMUNICATIONS $ 93.00 PAGER SERVICE AMERICAN CONST $ 128.70 POLICE EMPIRE INSIGNIAS $ 137.50 POLICE UNIFORM BMC WEST $ 138.54 POLICE SUNRISE ENVIRONMENTAL $ 142.12 ICE MELT BUILDER MARKET $ 143.10 SERVICE PROJECT -PARK VERIZON $ 180.81 PHONE IDAHO TRAFFIC SAFETY $ 484.00 SIGNS VALLEY READY MIX $ 258.00 OUTSIDE FLAT PRO RENTALS $ 272.08 BOOM LIFT -LEAF BLOWER DELTA DENTAL $ 272.75 DENTAL INSURANCE ZECH PROUSE $ 297.74 HEALTH INSURANCE PREMIER VEHICLE $ 321.36 POLICE DISPATCH-ILEADS BONN CO ELECTIONS $ 342.65 ELECTION MATERIALS HOME DEPOT $ 546.36 POLICE BOB MCBRIDE $ 534.00 INSPECTIONS CAL STORES $ 702.02 CHAIN SAW -PARTS BONN CO TAX COLLECTOR $ 990.00 PROPERTY TAX BLUE CROSS $ 2,090.49 HEALTH INSURANCE KATHLEEN KEYES $ 64.00 TEMP HELP JOEL KEYES $ 1,800.00 LABOR CONTRACT BONN CO $ 24.00 COPIES WALMART $ 45.05 CHRISTMAS PARTY NORTH HIWAY CAFE $ 480.00 CHRISTMAS PARTY SPIRIT OF THE SEASON $ 180.00 CHRISTMAS PARTY HANSON SUPPLY $ 58.80 AVACUUM BAGS REGENCE BLUESHIELD $ 185.00 HEALTH INSURANCE AIC $ 195.00 MANUALS AFLAC $ 381.42 HEALTH INSURANCE FAIR POINT $ 283.55 PHONE HOLDEN KIDWELL $ 600.00 RETAINER INTERMOUNTAIN GAS CO $ 1,185.03 NATURAL GAS AIC $ 25.00 MEETING IONA HISTORICAL SOCIETY $ 20.00 HISTORY VIDEO POSTMASTER $ 260.48 POSTAGE JIMS TROPHY $ 6.80 FALLS PLUMBING $ 15.14 PARTS DIG LINE $ 17.52 DIG LINE TETON MICROBIOLOGY $ 40.00 WATER TEST ROSE SHOP $ 48.35 FLOWERS -NELSON MICRO SERV $ 52.95 WIRELESS 6-12 EZ MART $ 58.79 FUEL UNITED MAILING $ 110.76 WATER BILLS FLEET SERVICES $ 509.14 FUEL CITY OF IONA ** B U D G E T R E P O R T* FOR 12-31-09 PAGE 3 **** GENERAL FUND **** ESTIMATED * *RECEIPTED* UNRECEIPTED PERCENT FUND ACCOUNT# ACCOUNT TITLE REVENUE MTD YTD BALANCE RECEIPTED 001 305.000 STATE HIGHWAY USERS 40,000.00 .00 11,054.21 28,945.79 001 310.000 STATE REVENUE SHARING 35,000.00 .00 10,757.61 24,242.39 001 315.000 STATE LIQUOR TAX 25,000.00 .00 8,879.00 16,121.00 001 320.000 BEER & DOG LICENSES 200.00 .00 9.00 191.00 001 325.000 COURT REVENUE 15,000.00 2,785.95 3,755.70 11,244.30 001 330.000 INTEREST 1,000.00 33.63 105.73 894.27 001 335.000 CABLE TV FRANCHISE 3,800.00 .00 .00 3,800.00 001 340.000 NATURAL GAS FRANCHISE 10,500.00 .00 1,051.37 9,448.63 001 345.000 POWER FRANCHISE 15,500.00 .00 4,114.08 11,385.92 001 355.000 BUILDING RENT 6,000.00 660.00 2,640.00 3,360.00 001 357.000 BUILDING INSPECTION FEES 12,000.00 2,340.00 10,798.00 1,202.00 001 358.000 GRANTS 10,000.00 .00 680.00 9,320.00 001 360.000 PROPERTY TAX REVENUE 200,000.00 8,826.66 10,297.72 189,702.28 001 390.000 MISCELLANEOUS REVENUE 7,000.00 20.00 590.18 6,409.82 001 395.000 RESERVES 50,000.00 .00 .00 50,000.00 **TOTAL GENERAL FUND REVENUE 27.64 30.74 35.52 4.50 25.04 10.57 10.01 26.54 44.00 89.98 6.80 5.15 8.43 431,000.00 14,666.24 64,732.60 366,267.40 15.02 **** GENERAL FUND **** ESTIMATED FUND ACCOUNT# ACCOUNT TITLE EXPENSE * *EXPENDED** MTD YTD UNEXPENDED PERCENT BALANCE EXPENDED rw ,410.000 PAYROLL 54,000.00 6,943.00 21,016.00 32,984.00 38.92 420.000 RETIREMENT 10,000.00 563.66 2,160.79 7,839.21 21.61 001 422.000 HEALTH INSURANCE 20,000.00 3,227.40 8,346.17 11,653.83 41.73 001 424.000 PAYROLL TAXES 10,000.00 852.37 2,727.81 7,272.19 27.28 001 440.000 ELECTRICITY - NATURAL GAS 24,000.00 2,149.12 4,657.34 19,342.66 19.41 001 445.000 OFFICE SUPPLIES 10,000.00 1,071.06 2,526.19 7,473.81 25.26 001 446.000 TRAVEL 5,000.00 25.00 77.50 4,922.50 1.55 001 447.000 ADVERTISING 2,400.00 .00 520.80- 2,920.80 21.70- 001 450.000 INSURANCE LIABILITY 8,500.00 .00 3,037.00 5,463.00 35.73 001 455.000 LEGAL & AUDIT FEES 11,000.00 600.00 1,800.00 9,200.00 16.36 001 459.000 POLICE -PAYROLL 47,300.00 4,426.00 12,610.00 34,69C.00 26.66 001 460.000 POLICE-COUNTY/DISPATCH 26,500.00 321.36 1,171.35 25,328.65 4.42 001 461.000 POLICE -RETIREMENT 4,600.00 433.71 1,413.00 3,187.00 30.72 001 462.000 POLICE -HEALTH INSURANCE 12,600.00 .00 1,000.31 11,599.69 7.94 001 463.000 POLICE -TRAINING 2,200.00 .00 .00 2,200.00 001 464.000 POLICE -GENERAL 18,800.00 2,661.17 9,155.57 9,644.43 48.70 001 465.000 VEHICLE RENT 5,000.00 .00 .00 5,000.00 001 470.000 MAINTENANCE 80,000.00 4,450.31 18,940.58 61,059.42 23.68 001 472.000 BUILDING INSPECTIONS 8,000.00 534.00 1,714.00 6,286.00 21.43 001 475.000 CIVIL DEFENSE 500.00 .00 .00 500.00 001 480.000 LIBRARY 2,000.00 .00 .00 2,000.00 001 490.000 CAPITAL IMPROVEMENTS 61,600.00 .00 .00 61,600.00 001 495.000 MISCELLANEOUS EXPENSE 7,000.00 1,833.30 3,361.57 3,638.43 48.02 **TOTAL GENERAL FUND EXPENSES 431,000.00 30,091.46 95,194.38 335,805.62 22.09 **NET EXCESS OR DEFICIENCY(-) 15,425.22- 30,461.78- 30,461.78 CITY OF IONA BUDGET R E P O R T** FOR 12-31-09 PAGE 4 **** WATER FUND **** ESTIMATED * * R E C E I P T E D * * UNRECEIPTED PERCENT FUND ACCOUNT# ACCOUNT TITLE REVENUE MTD YTD BALANCE RECEIPTED 002 305.000 COLLECTIONS 160,000.00 13,317.18 41,575.38 118,424.62 002 310.000 HOOK UP FEES 30,000.00 6,000.00 24,000.00 6,000.00 002 315.000 INTEREST 500.00 38.14 102.80 397.20 002 350.000 TANK REPLACEMENT FUND 50,000.00 .00 .00 50,000.00 002 358.000 GRANTS 5,000.00 .00 .00 5,000.00 002 395.000 RESERVES 50,000.00 .00 .00 50,000.00 002 397.000 WATER BOND .00 .00 .00 25.98 80.00 20.56 **TOTAL WATER FUND REVENUE 295,500.00 19,355.32 65,678.18 229,821.82 22.23 **** WATER FUND **** ESTIMATED FUND ACCOUNT# ACCOUNT TITLE EXPENSE ** E X P E N D E D** MTD YTD UNEXPENDED PERCENT BALANCE EXPENDED 002 410.000 SALARIES & BENEFITS 60,000.00 .00 .00 60,000.00 002 440.000 ELECTRICITY 25,000.00 1,767.95 7,997.05 17,002.95 002 445.000 OFFICE, SUPPLIES, LEGAL 8,000.00 478.84 1,882.91 6,117.09 002 450.000 ENGINEERING COSTS 10,000.00 .00 .00 10,000.00 002 460.000 VEHICLE EXPENSE .00 .00 .00 465.000 VEHICLE RENT 7,000.00 .00 .00 7,000.00 470.000 REPAIRS & MAINTENANCE 40,000.00 640.59 8,394.01 31,605.99 002 480.000 BOND PAYMENT .00 .00 .00 002 482.000 BOND INTEREST .00 .00 .00 002 485.000 TANK REPLACEMENT FUND 80,000.00 .00 .00 80,000.00 002 490.000 CAPITAL IMPROVEMENTS 65,500.00 .00 .00 65,500.00 002 497.000 WATER SYSTEM UPATE .00 .00 .00 31.99 23.54 20.99 **TOTAL WATER FUND EXPENSE 295,500.00 **NET EXCESS OR DEFICIENCY(-) 2,887.38 18,273.97 277,226.03 6.18 16,467.94 47,404.21 47,404.21- CITY OF IONA BUDGET R E P O R T* FOR 12-31-09 PAGE 5 **** EQUIP REPLACEMENT FUND ACCOUNT# ACCOUNT TITLE ESTIMATED REVENUE ** R E C E I P T E D** UNRECEIPTED PERCENT MTD YTD BALANCE RECEIPTED 003 305.000 EQUIP RENT --WATER 5,000.00 .00 .00 5,000.00 003 310.000 EQUIP RENT --GENERAL 5,000.00 .00 .00 5,000.00 003 395.000 EQUIP RESERVES --WATER 40,000.00 .00 .00 40,000.00 003 396.000 EQUIP RESERVES --GENERAL 40,000.00 .00 .00 40,000.00 **TOTAL EQUIP REPLACEMENT REVENUE 90,000.00 .00 .00 90,000.00 **** EQUIP REPLACEMENT **** ESTIMATED * *EXPENDED* * UNEXPENDED PERCENT FUND ACCOUNT# ACCOUNT TITLE EXPENSE MTD YTD BALANCE EXPENDED 003 410.000 EQUIP REPLACEMENT --WATER 45,000.00 .00 .00 45,000.00 003 415.000 EQUIP REPLACEMENT --GENERAL 45,000.00 .00 .00 45,000.00 003 490.000 EQUIPMENT PURCHASE .00 .00 .00 **TOTAL EQUIP REPLACEMENT EXPENSE 90,000.00 .00 .00 90,000.00 **NET EXCESS OR DEFICIENCY(-) .00 .00 .00 CITY OF IONA ** B U D G E T R E P O R T** FOR 12-31-09 PAGE 6 **** RECREATION FUND **** ESTIMATED FUND ACCOUNT# ACCOUNT TITLE REVENUE ** R E C E I P T E D MTD UNRECEIPTED PERCENT YTD BALANCE RECEIPTED 004 305.000 BASEBALL FEES 13,000.00 .00 .00 13,000.00 004 310.000 SHELTER RENTAL 300.00 .00 .00 300.00 004 320.000 WESTERN BOYS FEES 500.00 .00 210.00 290.00 004 395.000 RESERVES .00 .00 .00 42.00 **TOTAL RECREATION FUND REVENUE 13,800.00 .00 210.00 13,590.00 1.52 **** RECREATION FUND **** ESTIMATED FUND ACCOUNT# ACCOUNT TITLE EXPENSE ** E X P E N D E D** MTD YTD UNEXPENDED PERCENT BALANCE EXPENDED 004 410.000 RECREATION EQUIPMENT 1,000.00 .00 .00 1,000.00 004 415.000 RECREATION LABOR 5,800.00 .00 .00 5,800.00 004 420.000 BASEBALL SUPPLIES 4,000.00 .00 .00 4,000.00 004 470.000 RECREATION MAINTENANCE 3,000.00 .00 .00 3,000.00 m **TOTAL RECREATION FUND EXPENSE **NET EXCESS OR DEFICIENCY(-) 13,800.00 .00 .00 13,800.00 .00 210.00 210.00- CITY OF IONA BANK REPORT DATE 12/31/09 BANK OF COMMERCE GENERAL CHECKING $ 18,779.00 WATER CHECKING $ 12,178.00 GENERAL SAVINGS $ 156,084.00 WATER SAVINGS $ 194,365.00 KEY BANK GENERAL SAVINGS $ 156,585.00 WATER SAVINGS $ 52,195.00 WELLS FARGO WATER SAVINGS $ 51,604.00 MERRILL LYNCH GENERAL SAVINGS $ 101,084.00 MCERTIFIED PUBLIC ACCOUNTANTS Searle Hart & Associates, PLr.c Gerald W. Searle, CPA Steven J. Hart, CPA Farrell J Steiner, CPA Dana Eric Izatt, CPA To the Honorable Mayor, City Council and Management City of Iona -State of Idaho Iona, Idaho We have audited the financial statements of the governmental activities, the business -type activities, and each major fund of the City of Iona for the year ended September 30, 2009, and have issued our report thereon dated January 19, 2010. Professional standards require that we provide you with the following information related to our audit. Our Responsibility under U.S. Generally Accepted Auditing Standards As stated in our engagement letter dated August 28, 2009, our responsibility, as described by professional standards, is to express opinions about whether the financial statements prepared by management with your oversight are fairly presented, in all material respects, in conformity with U.S. generally accepted accounting principles. Our audit of the financial statements does not relieve you or management of your responsibilities. Planned Scope and Timing of the Audit We performed the audit according to the planned scope and timing previously communicated to you in our meeting about planning matters on December 14, 2009. Significant Audit Findings Qualitative Aspects of Accounting Practices Management is responsible for the selection and use of appropriate accounting policies. The significant accounting policies used by the City of Iona are described in Note 1 to the financial statements. No new accounting policies were adopted and the application of existing policies was not changed during year. We noted no transactions entered into by the governmental unit during the year for which there is a lack of authoritative guidance or consensus. There are no significant transactions that have been recognized in the financial statements in a different period than when the transaction occurred. Accounting estimates are an integral part of the financial statements prepared by management and are based on management's knowledge and experience about past and current events and assumptions about future events. Certain accounting estimates are particularly sensitive because of their significance to the financial statements and because of the possibility that future events affecting them may differ significantly from those expected. The most sensitive estimate affecting the financial statements was: Management's estimate of the depreciation amount is based on the estimated useful lives of the assets. We evaluated the key factors and assumptions used to develop the depreciation in determining that it is reasonable in relation to the financial statements taken as a whole. Difficulties Encountered in Performing the Audit We encountered no significant difficulties in dealing with management in performing and completing our audit. Corrected and Uncorrected Misstatements Professional standards require us to accumulate all known and likely misstatements identified during the audit, other than those that are trivial, and communicate them to the appropriate level of management. Management has corrected all such misstatements. The attached schedule summarizes uncorrected misstatements of the financial statements. Management has determined that their effects are immaterial, both individually and in the aggregate, to the financial statements taken as a whole. Disagreements with Management For purposes of this letter, professional standards define a disagreement with management as a financial accounting, reporting, or auditing matter, whether or not resolved to our satisfaction, that could be significant to the financial statements or the auditor's report. We are pleased to report that no such disagreements arose during the course of our audit. 108 West 1st South • P.O. Box 519 • Rexburg, Idaho 83440 • 208-356-3716 FAX 208-356-4421 Management Representations We have requested certain representations from management that are included in the management representation letter dated January 19, 2010. Management Consultations with Other Independent Accountants In some cases, management may decide to consult with other accountants about auditing and accounting matters, similar to obtaining a "second opinion" on certain situations. If a consultation involves application of an accounting principle to the governmental unit's financial statements or a determination of the type of auditor's opinion that may be expressed on those statements, our professional standards require the consulting accountant to check with us to determine that the consultant has all the relevant facts. To our knowledge, there were no such consultations with other accountants. Other Audit Findings or Issues We generally discuss a variety of matters, including the application of accounting principles and auditing standards, with management each year prior to retention as the governmental unit's auditors. However, these discussions occurred in the normal course of our professional relationship and our responses were not a condition to our retention. This information is intended solely for the use of the City Council and management of the City of Iona and is not intended to be and should not be used by anyone other than these specified parties. Very truly yours, g‘vzi aevztrccitale.a c January 19, 2010 CITY OP IONA 2010 COUr CIL ASSlGNMENTS: Brad Andersen Mayor Dan Gubler Councilmember Jane Shaw Counc lraember Bruce Case Councihn.ember Dennis McArthur Robyn Keyes City Clerk Zech Prouse Public Works Director Ron Nelson City Treasure 6 ienera.l Administration and Public Safety IC Env ronmental/Legislative Committee's Age') • finance and Newsletter -TMO pecial Event: Iona Days, Halloween, Movie in the Park, . Christ _la,s Party blic a .te , Civil Defense, and Emergency Preparedness i' x 4_v.,reati. i.Sn '✓'ater >>eeia a ; Neat: Iona Days and Spring Clean -Up Day ibrary Committee :Teets I arks/F ecreation Special event: Iona Days — Friday - Entertainment istoricai/Ivsonument Committee. 'arks led& F:vc,at: Iona Days — Friday - food/servers. ree Corarnittee i-_ ions CI ub and Monument :'titer Special 1 vent: Iona Days — Saturday Activities ee C�rrmittee (Chair) ook of ;ordinances aria.nce:, & Conditional Use Permits 1 iildina Events - Coordinator peel rt Easter Egg Hunt — Coordinator. Movie in ne Park. .; newsletter, and Halloween. Public Vh• arks (water, streets, and etc...) ;irks aRecreation gadget. aad Finance P.eport l Vvent: Easter Egg Hunt