 I have a forum, I'm going to call the order of the Board of Finance at 5.03 p.m. And I said I'm on the agenda is that Bush to that agenda. As soon as I get there. Okay, great. Just a second. Yeah, absolutely. Each leg of on this pushing you to get going. So, so I'm happy to make a motion to adopt. Great. Thank you for a second. Oh, so I can second my council for discussion of the agenda. Senior and we'll go to vote all those in favor of adopting the agenda. If they say I. Oh, this we have an agenda. I resist the public forum. Is there any member of the public like speak to the Board of Finance. I'm not going to take a lot of your time. I know you're wondering. But I did want to thank you for reading my extensive document. With my concerns about the missing set, you know, recommendation number two. And so I was hoping that at this meeting, when you have your deliberations, that actually CEO Chad is going to actually summarize the, what she explained about that you've rebuilt the organizational sets and centralized the grant management for CEDA, which means that that I've left. So that's really, I'm here to hear that that will be great. And also I was going to, this is the second thing that I'm going to just provide with you. I'm concerned about the growth of the general application that it. So I've actually created a document that I wanted to share. I was trying to get follow-up with the Councilor Shannon about it. So I'll just share with you that in the last 10 years, we've had an increase of 372% in the actual per resident cost of the amount of debt from $1,500 in 2010. That's the amount of threat and general obligation that we had. And now with the schools on, it's probably like 72,000 per resident of the 44,000 people living in this city. So that's just my concern. And I'm trying to make sure that my numbers are all correct before I actually distribute that for all of my people. Thank you. Thank you. So they might. I don't expect that there's quite a bit of analysis and policy around general obligation that you might want. Yeah. Look at the Councilor Shannon, but I haven't gotten an answer back yet, so I'm just going to wait. Thank you. All right, with that. Is there anyone online who is interested in speaking? I'm sorry? I do not see anyone with their hands raised, Mr. Mayor. Okay, thank you, Catherine. So we'll close the public form then, and that brings us to the deliberate agenda, which is one item. first talk about last week, the acceptance approval of the FY 23 audit. Would you like to give any updates Catherine, before we go to the board? I will give one update based on the question that we received from Solvei. And as she mentioned, I sent an email replying to her, but for people who are listening, she had asked last week about the FY 22 management letter recommendation, improve CEDO capital project accounting. And our auditor who's joining us tonight, Alina had let us know that that was not listed as a recommendation in the FY 23 letter because it was resolved. And I gave a few more details in the email, letting everyone know that we worked with consulting firm CLA and we've rebuilt the organizational sex in CLA and really have worked to centralize our grants management. One of the things we have also done to improve is that all of the grants that are received by the city come to the Board of Finance for acceptance. And so centralizing it in that way so that there is one place where all of these grants filter through helps us to be able to report on them more accurately. All of these grants that are federal money have to go into a form called the CFA. And that form had not always been 100% accurate and that has been in FY 23, we did much better with that. I assume that will also be the case in FY 24 and that is why the recommendation did not appear. So while we do have three recommendations in this current management letter, and that is of course where we are focusing our energy, we do wanna take some credit for that one that was resolved. So unless there are questions which I don't think I've received over email, I don't have any more prepared comments. Thank you, Kevin. So I'll open up now to discussion with the Board. The Board like to proceed everybody. Are there questions for the administration or the other discussion ready for the motion? President Bonn, go ahead. Thank you. So I am, I'm having to make a motion to waive the reading and adopt the resolution. I believe it must be. It's on our deliberative agenda this evening. And after a second, I'd like the floor back. That's wrong. I don't think the Board of Finances is adopting a resolution. I think it was a recommendation to... Well, there is a resolution. Yes, which we'll go before the city council this evening. So the Board of Finances is just moving to recommend that the city council adopt that resolution. I live and breathe at the council. I know. And I never get to say this, but yes. So do I still get the floor back after the second? We have a second. So I'll go back to you, President Bonn. Great, thanks. So I just wanted to mention a couple of bit, two things. The first is that I, back in 2008 when I got elected to the city council, the audit management letter was about 45 pages long. Maybe more. I probably have lost track. It was essentially a cut and paste year after year after year. And if you went back even into the late 90s, you would see effectively the same management letter because things really were not moving forward. We've made great progress since then. I remember there was a time where department heads were not allowed to present their budget until they had addressed the items in the management letter. It was the only way, at the time it was the only way I could think of to get people to pay attention to the management letter. We've come a long way since then. I will say that I do appreciate very much that Catherine, I very much appreciate that you heard what I said and you adopted what I said into your response into item number one. If it weren't for that, even though it's not, it's not the end of the world, I can't stress enough how important it is to have closing journal entries done on time. That is a big deal. And it is almost impossible to know where your budget is in actual, if you haven't done closing journal entries. And I'm very happy to see that this will be going forward, not only the top priority, but I have every reason to believe that next year this will not be on the management letter. Is that right Catherine? Just looking for the unmute, that is absolutely right President Paul. Thank you. And in fact, there's no requirement in a management letter that items that are addressed are put into the next year's management letter that is absolutely not at all necessary, nor have personally have I ever seen that. So the fact that something has been resolved is not and it's not repeated and it's not mentioned is not a bad thing. That's actually a good thing. That means that it's been resolved and you move on. And it is a misnomer to think that auditors are sitting here spending their time trying to find stuff to put in a management letter. Creates a lot of paperwork and it's okay if there's nothing in the management letter which we're getting pretty close to. And then the, and based on that, based on the response and based on the fact that you absolutely are working with a consultant, that's my reason for being able to vote yes. Otherwise, having seen this point in the management letter for about five years, I would really feel hard pressed to once again be able to support this. But knowing that you truly are making that this will be the last year because the, I wouldn't say controls but I would just say that consultant has been put in place. I do believe that this will be taken care of. And I just wanna add that I understand everybody's concern about the audit. I'm thrilled that there are people who care about the audit. When I was first elected, I don't think anybody cared about the audit but they do now. And I think that's great. I would just simply respectfully ask that if people have concerns about the audit that they also keep in mind that the way that they deliver that message does matter. And there are hardworking, very hardworking people in the city, not the least of which is the CAO who spends an enormous amount of time on this effort. And I think it's important to remember that it does matter what you say. And when you say things like, well, you say you did something, that's inferring and sort of imputing someone's integrity. And I know that that is not the case with Catherine. So I just wanted to put that out there under tremendous duress with a lack of a person working in your department. You have done an amazing amount of work and I just want you to know that I appreciate it. Thank you. Thank you so much, President Paul. Thank you President Paul for your long question to these issues for your comments to strengthen the city's response to the management letter and really document what you just described the commitment to address the general entry issue in the coming days. So thank you for that. Any other discussion? Great, we have a motion in a second. I don't have much to add, I guess, just I want to echo my thanks to Catherine and the whole clerk-treasurer team that worked very hard to finish the documentation for tonight and to work with Lena and her team and then get this document done. So with that, I can pray for a vote. All those in favor of the motion, please say aye. Aye. The opposed? Motion carries unanimously and thank you to the Board of Finance for the special meeting. And I guess with that, there's no objection. We have completed the business and we can adjourn at 5.16 and have a few extra minutes to get upstairs. Is Catherine still on? Catherine, are you still on? Yes. Yes, Catherine. So I'm going to go upstairs. Are you in the only group list?