Consideration and Approval of FY 2015 First Quarter Financials: Mr. Holcomb explained

Staff Report & Agenda Item Details

Consideration and Approval of FY 2015 First Quarter Financials: Mr. Holcomb explained to the Board that tax receipts for December have not been received yet from the tax office. No significant collections are received until February and March normally. It was noted that the negative results for the first quarter are related to the tap made for customer Linda Evans’ home, which the District had committed to make back in 2013. Winter sales are also the reasoning behind the deficit. Mrs. Betty Jenkins asked for a packet to look at. Mr. Holcomb stated that she could look at his once the meeting was over. Mr. Holcomb noted that one expense that will hit in January is $12,000 for a pump repair that had to be made at the Jerri Street Lift station. Mrs. Ross asked if the money listed in the account balances was actually in the bank, to which Mr. Holcomb stated it was. Mrs. Betty Jenkins asked how much money does the District have in the bank now. Mr. Holcomb stated there is $16,740.64 in the bank, which she could look over once the meeting is finished. Mr. Hageon motioned to approve the financials as presented. Mrs. Ross seconded the motion. All members voted in favor and the financials were approved. Update on Sanitary Sewer Extension Project: Mr. Thurber from KSA Engineers provided an update on the project to those in attendance. Mr. Thurber stated that the project has been approved by the U.S. Army Corps of Engineers (USACE) and the Historical Commission. Right of entry forms wi

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.5/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.