The Rhinelander City Council heard a generally positive financial review this week, with at least one large exception.
Amanda Mboga from accounting firm Baker Tilly said the city has fit into generally accepted levels of financial practices.
She said the storm water account needed attention, but another account was a concern....
"....in summary, the city has either met the bench marks presented, or if not met, there is a very specific reason as to why that was. The biggest thing to watch is the fund balance in the general fund, and the golf course being very intertwined with that...."
Council member Alex Young said there had been differing ideas regarding the golf club debt to the city but the audit cleared up how much the course owes the city....
"....and there was some discussion as to the debt owed the general fund. There were some ideas it was under a million dollars. The audit report discusses that specifically, and as of Dec. 31, 2016 it was $1.1 million it owed on a cash basis to the general fund..."
The Golf Course Advisory Committee is meeting November 7 to hear recommendations from a consulting firm concerning what direction the city should take regarding the Northwood Golf Club.
In other action, the council approved a second ice skating rink. The new rink will be at Trig's green space. The council also approved a plan for a new Pizza Ranch next to Kwik-Trip on the city's east side.
