Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Finance topic
No spam. Unsubscribe anytime.
Nelsonville auditor reports improved general fund balance and continuing reconciliation work
Summary
The city auditor told council the general fund available balance rose to $330,756.07 in June and outlined accounts for water, sewer and storm sewer; the auditor reported resumed quarterly filings, outstanding lodging tax notices, and coordination with contracted CPA for year‑end reconciliations.
Nelsonville's auditor delivered the monthly financial report and said the general fund available balance increased month‑to‑month by $35,902.21, from $294,853.86 in May to $330,756.07 in June.
The auditor told council the water fund has $1,262,009.83 available, and the sewer fund has $368,466.43 available after encumbrances. He reported storm sewer fund collections of $32,456.83 to date and noted that the city has resumed quarterly filings and sent first notices to short‑term lodging operators, with a July 20 deadline to remit to avoid penalties. The auditor also said the city expects to collect about $76,728.35 from invoicing for School Resource Officer coverage previously billed to the Nelsonville‑York School District.
Why it matters: the numbers provide the baseline for near‑term budgeting decisions and highlight ongoing reconciliation work with an outside CPA to close fiscal year 2025 filings. Council members asked for clarifications on specific line items (storm sewer figure, SRO invoice amounts) and the auditor confirmed corrections and follow‑up reporting will be provided.
Council did not take direct fiscal action during the update beyond asking for clarifications and requesting follow‑up figures at the next meeting.
