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Walthourville makes significant improvements in city budget
Walthourville Sign Mayor
Walthourville Mayor Daisy Pray stands outside city hall. - photo by File photo

The City of Walthourville made significant improvements in their budget, according to the financial report presented at their Aug. 27 city council meeting by Richard Deal of the CPA firm of Lanier, Deal & Proctor.

Last year, Deal presented a financial report during the Dec. 12, 2018 city council meeting, which identified nearly one dozen financial reporting and accounting deficiencies for the city’s fiscal year ending Dec. 31, 2016. That report also included finance information up to October of 2017. Among the many discrepancies noted were: bank reconciliations not being done regularly; transactions being posted incorrectly, payroll being processed incorrectly, a lack of documentation of expenditures and inadequate year-end closing procedures. Deal also pointed out that the city had over spent their budget by roughly $100,000 per year for the past three years.

However, this year only four deficiencies were noted. Deal said that those were already being corrected by the city and their Finance Director Chandra Cox, who was hired in May of 2018.

This year the city recorded a net position of $12,255,771. The biggest improvements in the budget were reflected in the general fund. In the FY 2016 report the city had exceeded their projected expenses by $184,187. In the FY 2018 report the city’s expenses came in $320,760 under the projected budget costs.

In other city news the council approved the county election agreement and fire service agreement. They approved a motion to relocate a mobile home on Shaw Road from one parcel to another. The council approved to review and possibly amend their current policy of not allowing business licenses to be issued to home based businesses inside mobile home parks.

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