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.splash
    Water Fun—Carter Seitz and Colson Walter take a fast trip along a plastic sliding strip while water from a sprinkler provides the lubrication. The boys took a break from tie-dyeing last week at Morenci’s Summer Recreation Program to cool off in the water.
  • Front.starting
    BIKE-A-THON—Children in Morenci’s Summer Recreation Program brought their bikes last Tuesday to participate in a bike-a-thon. Riders await the start of the event at the elementary school before being led on a course through town by organizer Leonie Leahy.
  • Front.drum
    on your mark, get set, drum!—Drew Joughin (black shirt), Maddox Joughin and Kaleea Braun took the front row last week when Angela Rettle and assistants led the Stair District Library Summer Reading Program kids in a session of cardio drumming. The sports and healthy living theme continued yesterday with a Mini Jamboree at Lake Hudson State Park arranged by the Michigan Department of Natural Resources. Next week’s program features the Flying Aces Frisbee show.
  • Front.art.park
    ART PARK—A design created by Poggemeyer Design Group shows a “pocket art park” in the green space south of the State Line Observer building. The proposal includes a 12-foot sculpture based on a design created by Morenci sixth grade student Klara Wesley through a school and library collaboration. A wooden band shell is located at the back of the lot. The Observer wall would be covered with a synthetic stucco material. City council members are considering ways to fund the estimated $125,000 project and perhaps tackling construction one step at a time.
  • Front.train
    WRECKAGE—Morenci Fire Department member Taylor Schisler walks past the smoking wreckage of a semi-truck tractor on the north side of the Norfolk and Southern Railroad tracks on Ranger Highway. The truck trailer was on the south side of the tracks

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