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Kiowa board approves financial report showing about $3.2 million in cash
Summary
Tracy Reed of RSMeacham CPA & Associates told the Kiowa Public Works Authority the General Fund was about $2.3 million and restricted funds about $1.0 million, and the board voted to approve the Financial Report.
Tracy Reed of RSMeacham CPA & Associates presented the financial report to the Kiowa Public Works Authority and said the General Fund was close to $2.3 million, restricted funds totaled close to $1.0 million, and total cash on hand was approximately $3.2 million. The board voted to approve the Financial Report by roll call.
Board members moved quickly through routine finance items after Reed's presentation. On a motion by J. Ray and seconded by M. Sexton the authority approved the report; T.S. Barker was recorded as absent. The board also approved the Purchase Order Report after Reed reviewed it.
