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City finance reports $572,000 interest gain for 2024; fire chief details annual report and new equipment
Summary
City staff reported $572,000 in investment/interest income for 2024 and that the sewer utility bond has been paid off. Fire Chief presented the annual department report, noted a decrease in runs, increased fatalities compared with prior years, new fire trucks in service and a training facility scheduled to open by April 1.
Martinsville — City finance staff told the Martinsville Common Council on Jan. 13 that the city realized about $572,000 in investment and interest income in 2024 and closed a sewer utility bond early, freeing that utility from debt. The fire chief presented the department’s 2024 annual report, previewed two new fire trucks and said the department will open a non-burn training facility by April 1.
A staff member identified as Mister Meredith reported that the city has uploaded the 2025 budget and monthly budget updates to the city website and is finishing year-end close for 2024. “We are currently in the process of closing the year 2024 and opening the year 2025 in Gateway,” Meredith said, adding the city expects an early audit season and that the sewer utility bond has been paid off.
Fire Chief (Chief Green) summarized department statistics, saying overall run volume was slightly down in 2024 compared with 2023 and that the department had more fatalities in 2024. He also thanked the fire marshal for inspections and said site visits and annual inspections increased while reinspections declined, which he described as a positive sign that property owners are addressing issues.
Chief Green said the department has two new fire trucks “sitting in the bay” and that a non-burn training facility — assembled from welded containers with a roof and interior work underway — should be operational by April 1 for training in non-burn exercises.
Chief Green noted that the busiest shift and busiest month changed from the prior year and that the department continues to participate in statewide mutual-aid firefighting efforts. He also recognized two members who took the last call and thanked their families.
The council offered thanks to the chief and staff for the reports. No formal votes were taken on the finance or fire-department reports at the meeting.
