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Unionville council reviews finances, approves pending bills and vendor quote
Summary
At its Aug. 19 meeting, the Unionville Town Council heard a financial report showing $3.5 million in a money market account, approved payment of pending bills and authorized a $400 vendor quote to evaluate IT services; Council also approved up to $500 to cover county foreclosure costs if needed.
The Unionville Town Council on Aug. 19 received a monthly financial briefing from Finance Officer Darrell Baucom and approved several routine motions, including payment of outstanding bills and authorization to solicit an IT vendor quote.
Baucom told the council the town's money market balance stands at $3,500,000 earning about 5 percent, and the regular checking account holds $315,000. He said the town collected $13,000 in sales and use taxes since the last report and noted recent expenses including dues and subscriptions ($9,370), liability insurance ($10,000), payroll and a two-year utilities charge of $8,747 for the Community Center. He said, before ad valorem collections, expenses exceeded revenues by about $17,000.
After reviewing recent transactions—which also included a $1,000 cyber-liability invoice from Alliant Insurance, $2,500 to Baucom Lawn Maintenance and a pending payment to contractor Miles McClellan with $16,000 retainage withheld—Council, on a motion by Commissioner Gene Price and second by Commissioner Jaren Simpson, unanimously approved payment of pending bills as presented by the finance officer.
Baucom said Seedspark, the town's current IT vendor, proposed increasing its monthly fee by $150 (from $932 to $1,100). He recommended seeking a bid comparison from CompuNetWorld, which would charge $400 to produce a quote. On a motion by Simpson, seconded by Price, Council unanimously approved paying $400 for a CompuNetWorld quote.
Town Attorney R. Kenneth Helms and Tax Collector Sonya W. Gaddy also briefed the council on past cooperation with Union County to collect overdue taxes. Helms said the county's new law firm has asked that the town agree to pay up to $500 in foreclosure costs should the town again use the county for foreclosure collections. On a motion by Simpson, seconded by Commissioner Andrew Benton, Council unanimously approved the $500 fee.
Votes at a glance
- Approval of July 12 special meeting minutes, July 15 regular meeting minutes and Executive Session minutes: Mover Jaren Simpson; seconder Jeff Broadaway; outcome: unanimous approval. - Approval to pay pending bills (as presented by Finance Officer Baucom): Mover Gene Price; seconder Jaren Simpson; outcome: unanimous approval. - Authorization to pay $400 for a CompuNetWorld quote: Mover Jaren Simpson; seconder Gene Price; outcome: unanimous approval. - Approval to pay up to $500 for county foreclosure costs if town uses county law firm: Mover Jaren Simpson; seconder Andrew Benton; outcome: unanimous approval. - Council entered and later adjourned an Executive Session on motions by Jaren Simpson (seconded by Gene Price) with unanimous consent to discuss retainage and liquidated damages related to Miles McClellan.
The council recorded no dissent on the motions listed above. The finance officer said a footnote will be required on the town's financial statement pending a land-value estimate for Noel Williams Park that Piedmont Recreation Association is preparing.
