.

Audit Report Shows City of Cumming "In Good Shape"

An independent auditor declared the city in sound financial condition at Tuesday's meeting. Charles Cole pointed out that all departments lived within their budget in 2010.

Amid a sea of gloom and doom on the economic front, the City of Cumming received some good news from an independent audit conducted by the accounting firm of Leroy, Cole and Stephens, LLC at last night's city council meeting.

Charles Cole, a senior partner in the firm, delivered the report, stating, "Everything looks good. The general fund is in good shape. All departments stayed within budget. I know that is something you work hard to achieve."

Cole reported that as of Dec. 31, 2010, the city has $207 million in assets with only $6 million in liabilities. The general fund revenue is $9.5 million with expenditures of $8.2 million. The city had capitol project expenditures of $10.4 million, $7.8 million of which went toward construction of the new aquatic center.

Mayor Ford Gravitt read a proclamation declaring April 19, Patriots Day in Cumming. It was on that day in 1775 that three Georgia navy galleys encountered three British ships in the Frederica River near St. Simons Island. After a five-hour battle, patriots captured the British ships to give Georgians a special reason to recognize Patriots Day.

The Sons of the American Patriots, dressed in full Revolutionary War regalia, thanked city officials and led attendees in the Pledge of Allegiance.

Council then voted unanimously to repair the video surveillance cameras at City Hall and awarded a contract to High Tech Systems, the low bidder, for $920.

Council also unanimously agreed to issue a contract for the Kelly Mill Road Water Reclamation Project to the low bidder, Gary's Grading and Pipeline Company, in the amount of $213,032.50. The project calls for repositioning of some water pipelines along Kelly Mill Road at the request of county government to accommodate the Big Creek Greenway and the widening of Kelly Mill Road.

The mayor pointed out that funding for the project would come from the city's portion of the voter-approved greenspace bonds.

Parks and Recreation Director Greg Little introduced the new manager of the city's new Aquatic Center, Carla Wilson. Jeremy Howell, the new assistant manager could not attend due to an illness.

Steve Phillps April 21, 2011 at 12:27 AM
Its good to see a least one local government knows how to manage the taxpayers money. Hats off to Mayor Gravitt and the City Officials. Also a big thank-you to everyone that works for the City of Cumming. I do not live in the City Limits but go to town almost daily. Cumming has handled the growth and problems very well. Maybe they can teach a class in good management to the Forsyth County Commissioners.
Bill April 21, 2011 at 09:29 AM
Steve, thanks for your comments and thanks for reading Cumming Patch. I agree the city understands the meaning of fiscal responsibility. City employees live within their budgets and city government has no indebtedness.

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »