NEWS
City of Bowie receives a ‘clean’ audit
By BARBARA GREEN
[email protected]
The City of Bowie received an unqualified outside audit for fiscal 2021-22 and accepted the report at this week’s meeting.
Councilors heard from Valerie Halverson of Mathis, West and Huffines who made the audit presentation. She thanked the city staff for its work and cooperation, noting there was one new accounting standard that had to be incorporated this year for leases.
With this standard leases are considered and booked as an asset and liability. Halverson said in that first year it is often hard to get into the new rules. The city’s primary leases are with Enterprise for its approximately 30 fleet vehicles. The capital assets and lease liabilities were increased by $408,513 and $186,908.
Here are some of the financial highlights:
• The assets of the city exceeded its liabilities at the close of the most recent fiscal year by $31,455,659 (net position). Of this amount, $10,274,974 (unrestricted net position) may be used to meet the city’s obligations.
• During the year the city’s total net position increased by $1,504,469.
• The governmental funds reported a fund balance of $3,095,390, which is an increase of $330,020 from the prior year. Of this amount, $2,092,710 is available for spending at the government’s discretion and $706,803 is restricted for specific purposes. The remaining $295,877 is assigned by the city council for infrastructure purposes.
Read the full story in the weekend Bowie News.
The Bowie News office will be closed Dec. 24-25 for the Christmas holiday, and Dec. 30 and Jan. 1.
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Your Bowie News staff wishes you the blessings of a wonderful Christmas as you enjoy time with family and friends. Our offices will be closed Dec. 24-25 for the holiday.
Montague County Commissioners wrapped up a few items before the end of the year as they met on Dec. 23.
Grant Coordinator Charley Lanier asked the court to go ahead and obligate $276,961.84 from the American Rescue Funds to complete the new wastewater treatment plant that will serve the courthouse complex.
He explained Dec. 30 is the last date where grant funds can be obligated, and he did not expect any issues since this project had already been approved in court using ARPA funds, he called it a “safety net,” to avoid any problem and possible return of the funds to the federal government.
Montague County has about $276,961.84 in grant funds which has not been allocated.
The court gave approval on the request.
Lanier also asked the court to apply for a grant for a tire cutter. Funded through the Nortex Regional Planning Commission and Texas Commission on Environmental Quality, the application will ask for $26,865 to purchase a larger gas-powered cutter on a trailer, which can be moved around for use. It would cut the larger tires into four pieces, which would be allowed into a landfill. Lanier said if the cutter comes through the county would need to obtain a permit for its use from TCEQ, which he added should not be an issue.
Commissioner Mark Murphey said he picks up more tires abandoned on the county roads than he disposes of at his own yard, adding he probably has 500 at his yard. The court gave approval to apply for this competitive grant.
The remainder of Monday’s brief meeting were year-end items. Bonds for the justice of the peace one, county clerk, county attorney, district attorney, sheriff, commissioner three and constable two were accepted.
A cooperative agreement with Texas A&M AgriLife Extension Service and the county was approved, along with a license and services agreement with Local Government Solutions to provide software for both justice of the peace officers. The county attorney’s Chapter 59 Asset Forfeiture report was presented with no new seizures or forfeiture.
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