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HomeMy WebLinkAbout5.F.8. Tri-City Tactical Team ~h~ CITY OF SHAKOPEE , Memorandum CONSENT TO: Mayor and Council Mark McNeill, City Administrator FROM: Gregg Voxland, Finance Director SUBJ: Tri-city Tactical Team DATE: March 15, 2007 Introduction Finance has been approached to provide financial services to the Tri-city Tactical Team of which we are a member. Background Finance has been approached by Chief Hughes on behalf of the Tri-city Tactical Team to provide financial services. The Tri-city Tactical Team has concerns over cash management in such a small organization. It is anticipated that the cost of the service would be minimal. Such services would be accounts payable, accounts receivable, cash management and reporting. Most of the activity would be for paying bills. The Team to this point has not had any cash - just contributed personnel and equipment. The proposal is to have a separate fund on the city books and use the city's checks and checking account as is done for the drug task force. This would be the most cost effective and easiest to administer, but the checks issued for the Tri-city Tactical Team would show on the Council's bill list. Alternatives 1. Do not provide financial services. 2. Provide financial services using the city's bank account. Recommendation As part of belonging to various organizations, I feel that the city should do its share of supporting activities. This is estimated to not entail a significant increase in work load. Action Move to authorize city staff to provide financial services to the Tri-city Tactical Team utilizing the City checking account. jII) Gregg Voxland Finance Director c:\memo\gregg\taskforc