Contact: Donald McFarland | 651-236-0494
Saint Paul, MN – State Auditor Julie Blaha has released the 2022 update to the Small Towns and Cities Accounting System (CTAS). “We are proud to support local governments with tools and resources that help them build their communities. The CTAS is designed to help small local governments maintain financial records and facilitate reporting to our office. said listener Blaha. “I especially want to thank the city and township users, as well as the Minnesota Townships Association, who tested and provided feedback on the update.”
Each year, the Office of the State Auditor releases an update to the CTAS based on input from local governments to improve the program and keep abreast of changes in laws and regulations.
Highlights from ETG 2022 include:
- Added the ability to delete an employee who is not linked to an entry.
- Updated Internal Revenue Service Form 1099-MISC (miscellaneous revenue).
- Added Internal Revenue Service Form 1099-NEC (Non-Employee Compensation).
- Removal of restated debt data from the display on the debt report (appendix 6).
- Set the net payment account distribution ratio to the universal number setting to eliminate data rounding.
Cash report form
- In the revenue section – Added line 17 (Coronavirus relief fund) and line 47 (Fees for services – Housing and economic development).
- In the Expenses section – Mapped Account Number 49101 (Judgments and Losses) to line three Other Government.
- In the Cash – Debt Services Added section, Capital Projects and Equity report headers.
The OSA website has a CTAS webpage containing many resources and information.