City gets positive news in audit report

0
By Matt Kelton
Pioneer Sentinel

Henrietta received some good news during Monday night’s meeting of the city council, when independent auditor Paul Fleming announced that the city came out of fiscal year 2011 in better shape than expected.

The city had a general fund balance of $442,393 compared to 2010’s fund balance of $482,561.  In 2010, the general fund included revenue from the city’s hotel-motel tax. In 2011, those funds, totaling $119,474, were placed in a separate account.

The city saw its greatest increases in the water and sewer funds, were for the first time in several years, it ended the fiscal year in the black. Fiscal Year 2011 ended a net cash balance of $429,682, and a total cash and equivalents balance of $232,238. The city closed 2010 with a total cash and equivalents balance of negative $140,729.

The council held the second of two hearings for business assistance to Stone Creek Homes, a company that specializes in workforce housing. Assistance to the company, if approved, will come in the form of $90,000 from the Henrietta Growth Corporation for refurbishing the former Silver Creek Homes plant.

Aldermen also approved a resolution authorizing HGC to enter into a memorandum of understanding with the company.

Aldermen rejected a petition for the sale of beer and wine in Henrietta because it lacked the required signatures.

An ordinance regarding rules and regulations at Hope Cemetery was tabled for further discussion. The rules have been in place since 1987 with the exception of a few additions. New rules include a requirement to pour a concrete foundation for headstones. The issue was suspended until new rules could be reviewed with the funeral home and cemetery sexton. The council also discussed implementing a “disturbance” fee for digging graves in the cemetery.

Bloodworth informed the council of a notice of contaminates in city drinking water that will be sent out to residents in the next few days. The city exceeded state maximum requirements for trihalomethanes in the water. Bloodworth said the water department believes it has the problem fixed.

Share.

About Author

Pioneer Sentinel

The Pioneer Sentinel is an online newspaper designed to deliver the news of Clay County, Texas, in a concise and community-friendly format.

Comments are closed.