Morenci city council 2012.01.11

Written by David Green.

By DAVID GREEN

Morenci CPA Philip Rubley is pleased with the city’s financial position and he commended new treasurer Crystal White for her work.

During the annual city audit report Monday, Rubley noted that the city continues to show improvement.

“Over the last few years, you’ve done nothing but improve your position,” he said. 

The city is now able to meet his recommendation of maintaining cash reserves to cover at least three months of operation.

Rubley pointed toward the general fund as an indication of the improvement. Revenue exceeded expenditures by $39,202, increasing the general fund balance at the end of the fiscal year (June 30, 2011) to $306,414.

“All funds are in good shape and all are meeting their function,” Rubley said.

He singled out the EMS budget as a highlight, noting that the fund finally has some cash flow. The fund showed an excess of $26,000 at the end of the fiscal year.

Rubley said the audit was marred by one deficit, but it wasn’t the city’s fault. The capital projects fund was $10,700 at the end of the year because a payment from the state had not yet arrived for the parking lot project.

Rubley noted that White was late in completing some bank reconciliations, but he said the treasurer was new to the position and had a lot to learn. In the current fiscal year, she work is on time.

“I think Crystal did a very good job,” he said,  adding that he was impressed with her success in obtaining payment for some overdue accounts.

Total debt stands at $1.18 million. The largest portion, $775,000, is from the downtown streetscape project which should be paid off in 2018. 

Rubley concluded his audit report by telling council that city government is holding its own during tough times.

“I’m very pleased with it,” he said.

  • Front.tug
    MORENCI pep rallies generally end with a tug of war. The senior class entry, shown above, did not advance to the finals. Griffin Grieder, Alaina Webster, Kyle Long and Jazmin Smith are shown at the front of the rope, giving it their best effort.
  • Accident
    FAYETTE resident Patricia Stambaugh, 64, was declared dead on the scene of a single-vehicle accident Friday morning south of Morenci. Rescue units were called around 9 a.m., but as of Tuesday, law enforcement officers had not yet determined the time of the accident. According to Ohio State Highway Patrol, Stambaugh was driving west on U.S. 20 when her Chevrolet Malibu traveled off the north side of the road and down a steep embankment, coming to rest in Bean Creek (Tiffin River).
  • Athletic Fields
    SPORTS COMPLEX—Fayette’s outdoor athletic facilities will include three ball fields for summer recreation leagues at the southwest corner of the school. The baseball and softball fields, along with the running track, will be constructed on the east side of the school. Outdoor athletic fields were not part of the new school project from 2007, but voters approved a $1.4 million levy for a school addition and the sports fields last August. Both projects are scheduled to be complete by July 20.
  • Front.teacher Leading
    PRESCHOOL MUSIC—Fayette band director Jeffrey Dunford spends the last half hour of the day leading the full-day preschool class in musical activities. Additional photos are on page 7 of this week’s Observer.
  • Front.F.band
    TROMBONISTS Jake Myers (left) and Max Baker perform Friday at the annual Senior Citizens Luncheon at Fayette High School. The National Honor Society and the FFA chapter teamed up to serve a meal to area seniors and to provide musical entertainment. Both the school band and choir performed. Additional photos are on page 7 of this week’s Observer.
  • Station.2
    STRANGE STUFF—Morenci Elementary School students learn that blue isn’t really blue when seen through the right color of lens. Volunteer April Pike presents the lesson to students at one of the many stations brought to the school by the COSI science center. The theme of this year’s visit was the solar system.
  • Front.poles
    MOVING EAST—Utility workers continue their slow progress east along U.S. 20 south of Morenci. New electrical poles are put in place before wiring is moved into place.

Weekly newspaper serving SE Michigan and NW Ohio - State Line Observer ©2006-2017