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Board reviews unaudited finances, flags misclassified expenses and NPDES item overrun
Summary
District Manager presented unaudited financial statements showing several budget variances — General Fund 'Engineering' at 209% of budget, 'Contingencies' at 421% (including $4,209 misclassified landscaping expense), a General Fund 'NPDES reporting filing' at $19,805 (152% of budget), and debt-service items needing correction; staff requested invoice copies and said corrections will appear in the next financials.
Mrs. Cleo Adams reviewed the unaudited financial statements as of Sept. 30, 2024 and highlighted areas that appear misclassified or over budget. She said General Fund "Engineering" is at 209% of budget and that $4,209 currently in "Contingencies" should be allocated under landscaping in "Other contractual."
Mr. Kurt Blumenthal asked about a General Fund line for NPDES reporting at $19,805 (152% of budget) and questioned a "Debt service (prin & int) 2022 note" entry of $74,480 (205% of budget). Mrs. Adams said she has asked Corporate for paid invoices to reconcile the general ledger and expects corrections in the next financial statements. Mr. Krebs also noted incorrect signage orders and that conservation-area signs need inspection and replacement.
