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Sedan council approves GAAP waiver resolution and hears January financial review
Summary
On Feb. 17 the Sedan City Council moved to approve Resolution 26-01 (GAAP waiver) unanimously and received the January financial review from City Treasurer Raven Darnall; councilors also questioned trash fund expenditures and received billing clarifications from the city clerk.
The Sedan City Council approved Resolution 26-01, a GAAP waiver, at its Feb. 17 meeting and heard the city's January financial review from City Treasurer Raven Darnall.
Wellington Butler moved to approve Resolution 26-01 and Adam Clark seconded; the motion carried with a recorded result of 0 Nay to 4 Yay votes. Treasurer Raven Darnall presented the January financial review to the council; the minutes do not include the review's line-item details but record that the presentation occurred.
Council member Crystal Wade asked about the trash fund and what the extra funds were being used for. The minutes report that "the auditor stated it is to offset costs of bills, work, etc. for the trash fund," and Wade requested that trash-related expenditures be charged to that fund. The auditor was not named in the minutes.
City Clerk Lana Smith clarified line items billed by Emert Chubb: $550.00 for the city prosecutor, $717.50 for attorney review and suggested revisions to the PWWSD #20 contract, and $205.00 for work to vacate an alley.
The council did not record additional budgetary actions during the meeting; staff were tasked with follow-up on grant opportunities and potential capital needs such as a future pool replacement.
