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.nok Hok
    GAMES DAY—Finn Molitierno (right) celebrates a goal during a game of Nok Hockey with his sister, Kyla. The two tried out a variety of games Saturday at Stair District Library’s annual International Games Day event. One of the activities featured a sort of scavenger hunt in which participants had to locate facts presented in the Smithsonian Hometown Teams exhibit. The traveling show left Morenci’s library Tuesday, wrapping up a series of programs that began Oct. 2. Additional photos are on page 7.
  • Station.2
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  • Front.leaves
    MAPLE leaves show their fall colors in a puddle at Morenci’s Riverside Natural Area. “This was a great year for colors,” said local weather watcher George Isobar. Chilly mornings will give way to seasonable fall temperatures for the next two weeks.
  • Front.band
    MORENCI Marching Band member Brittany Dennis keeps the beat Friday during the half-time show of the Morenci/Pittsford football game. Color guard member Jordan Cordts is at the left. The band performed this season under the direction of Doyle Rodenbeck who served as Morenci’s band director in the 1970s. He’s serving as a substitute during a family leave.
  • 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.
  • Front.cowboy
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  • Front.bear
    HOLDEN HUTCHISON gives a hug to a black bear cub—the product of a taxidermist’s skills—at the Michigan DNR’s Great Youth Jamboree. The event on Sunday marked the fourth year of the Jamboree. Additional photos are on page 12.

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