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BISD audit shows revenues up, expenses down

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By BARBARA GREEN
[email protected]
Bowie Independent School District Trustees accepted a strong audit for 2022-23 and named a new director for alternative education and accelerated learning.
The board met Monday hearing from Paul Fleming, certified public accountant from Edgin, Parkman, Fleming & Fleming PC. He noted the audit went very well and they worked easily with the finance staff of the district.
This audit report found no discrepancies with general accounting standards and no deficiencies reported. Fleming said there was one difference they did not adjust related to the August/September utility bill that was paid during the end of the district’s fiscal year. He said it could have been in accounts payable, but it was not worth calculating the daily amount every year or worth fixing because it was a very minor item and nothing was “done wrong.”
In financial highlights the audit states the district’s total net position increased by $2,729,392. District expenses, which totaled $20,633,768 were less than the program revenues of $3,959,388 and general revenues of $19,403,772.

Read the full story in the weekend Bowie News.

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First concrete poured on Nelson Street

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Concrete was poured on Nelson Street this week as the massive drainage project underway for almost nine months is getting near its end. Traffic will see a big relief once Nelson reopens, it was closed on Aug. 21, 2022 once a large section of the street on the north side collapsed following years of flooding and lack of drainage. (Courtesy photos Brent Shaw)

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Bowie raising electric rates .0111 cents to recover costs

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By BARBARA GREEN
[email protected]
Bowie City Councilors reluctantly approved an increase of .0111 cents in the city’s electric rates in an effort to recover the ongoing increases in wholesale power costs.
The increase will go into effect in the July 15 billing cycle and residential customers can expect an increase of just under $9 a month. The average residential use is 800 kilowatt hours a month and this new rate would add $8.88 to the monthly bill.
The power cost recovery factory has been in debate by the council since earlier in February when City Manager Bert Cunningham recommended the increase, but then council said no.
Bowie’s power rates are set up in two categories: Base rates and power cost recovery. Base rates, customer charges and energy charges are intended to recover costs to the utility related to operating an maintaining the system (profit).
The PCRF is the variable portion of wholesale power costs and changes as needed based on factors in the wholesale market, including, but not limited to increases or decreases in the cost of natural gas, the fuel that generates most of the electricity in Texas. The PCRF is intended to recover wholesale costs of resale power.

Read the full story in the weekend Bowie News.

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Old metal line cracks, breaks on Pecan

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City of Bowie crews were busy earlier this week making a repair on a 12-inch water line on Pecan and Cooper where a valve was not holding. (Bottom) This was the rusty metal section of pipe cut out and replaced to repair the line. (Courtesy photos)

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