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.
A major crash on East Wise in front of the Second Monday parking on July 11 shut down traffic for several hours in the morning and sent two people to the Bowie emergency room.
The accident occurred at 9:53 a.m. Thursday at 1616 E. Wise involving a large sign installation truck and an SUV.
Briana Rollison, Bowie, was driving a 2001 Ford Expedition east in the 1600 block of E. Wise and the large truck from Turner Signs System of Richland Hills was traveling west on East Wise driven by Joshua Thompson.
The preliminary accident report states Thompson lost control of the vehicle crossing the double yellow line striking the SUV in front of the Parker Properties and Farm Services Building. The SUV was knocked into the ditch and later made it back on the roadway.
The truck rolled on the passenger side and slid about 50-100 feet west of the incident location. Skid marks from the truck were observed to start approximately 300-350 feet east of the crash location.
See the full story in the weekend Bowie News.
By BARBARA GREEN
[email protected]
Bowie City Councilors this week got their first look at the 2024-25 proposed budget seeing a balanced plan with a total operational budget of $23,296,885 in expenses, which is a little more than $1.4 million above the previous year’s budget.
Mayor Gaylynn Burris said Monday night the budget looks “eerily familiar” to last year, despite adding a few equipment purchases. City Manager Bert Cunningham said he had already slashed more than $300,000 from the department requests in order to get a balanced budget.
The utility fund is balanced with expenses of $12,595,995 and revenues projected at $12,601,000. In the general fund revenues are projected at $10,705,568 with expenses at $10,700,890. Total budget expenses are $23,296,885 and overall revenue projected at $23,306,568. Cunningham said it leaves a small margin to set forth a balanced budget.
Read the full story in the weekend Bowie News.
Top photo: New chip and seal was laid on Elba and Lamb this week repairing well-worn roads near the Nelson/Mill drainage project. (Photo by Barbara Green)
By BARBARA GREEN
[email protected]
Few additional details have been released in connection with the Tuesday theft arrest of 97th District Attorney Casey Hall, and in a statement to the media the DA called the allegations “unfounded.”
The Montague County Grand Jury issued an indictment for Hall following the presentation of evidence in the case Monday by Assistant Attorney General Matthew Shawhan. The indictment is the result of an investigation initiated by county officials.
The indictment is for theft of property $2,500-$30,000 in value. Sheriff Marshall Thomas served the arrest warrant Tuesday afternoon. Justice of the Peace Two Jack Pigg arraigned Hall at the jail after her arrest at 2:33 p.m. She was released on $5,000 bond, which was set by retired District Judge Jack McGaughey on Monday.
Read the full story in the weekend Bowie News.
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