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Simpsonville gets clean audit for 2012-13

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Financial report shows infusion of revenue but also projects

By Steve Doyle

SIMPSONVILLE – The city is doing a good job of taking care of its finances and its books.

That was the finding of the audit firm Richardson, Pennington & Skinner, which gave the city a “clean/unqualified opinion” of its work for fiscal year 2012-13.

“That’s what you strive for each year,” said Matt Hueslman, the auditor who presented the report at the city commission’s meeting Wednesday morning. “We had no issue in the field work in doing the audit. Your assets are five times your liabilities, which is a good indicator of strong financial performance. Everything looked in order.”

The city receives an audit each year, and Mayor Steve Eden encouraged commissioners to study the document and be prepared to vote on its acceptance at their meeting on Feb. 4.

 

Financial report

Finance Commissioner Cary Vowels presented a 6-month financial report that showed the city had collected 90.7 percent of its revenue – “That’s about right because of the ad valorem taxes,” he said – and had spent 121 percent of its budget, largely because of the final payments on the downtown sidewalk project.

The sewer commission has collected 159 percent of its budget – because of $380,000 in tap-on fees for the new outlet mall – and is at 118 percent on expenses because of expenses for that sewer connection. Some bills are outstanding on the connection.

City Clerk Debbie Batliner said about 98 percent of property taxes had been paid.

“We are waiting for a few mortgage companies out there,” she said.

 

Also at the meeting, commissioners:

  • Approved unanimously (Commissioner Vicky Wise was absent) the second reading an ordinance that would close a sliver of 2nd Street, between U.S. 60 and Spring Street, and deed it to the owners of the Hucks store. The facility was situated inside the right of way.
  • Heard from City Administrator David Eaton that all bills had been paid relative to the sidewalk project and that the contractor would return in the spring for some small warranty work.
  • Heard from Parks Director Chris Truelock that the city would be launching “Simpsonville University,” a series of classes on a variety of topics, which would include yoga, Zumba and other exercise classes  as well as basically any group-learning concept that members of the community request.