Morenci city council 2012.01.11

Written 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.

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  • Front.base Ball
    UMPIRE Thomas Henthorn tosses the bat between team captains Mikayla Price and Chuck Piskoti of Flint’s Lumber City Base Ball Club. Following the 1860 rules, after the bat was grabbed by the captains, captains’ hands advanced to the top of the bat—one hand on top of the other. The captain whose hand ended up on top decided who would bat first. Additional photos of Sunday’s game appear on page 12 of this week’s Observer. The contest was organized in conjunction with Stair District Library’s Hometown Teams exhibit that runs through Nov. 20.
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  • Front.crossing
    Crossing over—Jim Heiney was given a U.S. flag to carry by George Vereecke (behind Jim in the hat), turning him into the leader of the parade. Bridge Walk participants cross over Bean Creek while, in the background, members of the Morenci Legion Riders cross the main traffic bridge on East Street South. Additional photos appear on the back page of this week’s Observer.
  • Front.hose Testing
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