Audit notebook for Alexandria, Ball, Glenmora

By JIM BUTLER

Notes from audit reports released this month:

Alexandria – Total net position $355.67 million, with about $253 million of that in capital assets; Year over year change +$2.37 million. Unrestricted, $44.1 million, all in Utility; General Fund balance about 55 percent of annual expenditures. Decrease of about $6.7 million prior year; Total city revenues $199.5 million, total expenses $197 million; Allowance for uncollectible debt, $1.57 million.

Ball – Total net position $10.26 million, almost entirely in capital assets used to provide services;

$2.5 million used to recognize pension liability long-term, officials note sufficient assets to meet ongoing obligations; Total revenues, $9.2 million, expenses, $5.1 million; Charges for services, $2.2 million, taxes, $2.4 million; Expenses, general government, $821,000; police, $941,000; fire, $467,000; public works/streets, $908,000; sanitation, $668,000; sewer, $1.8 million. 

Glenmora – Total net position $3 million, about 80 percent in capital assets, year over year +$250,000; General Fund revenue before transfers, $1.63 million, expenses $1.55 million; Business Fund revenue $926,000, expenses $708,000; Charges for services, $366,000;  sales taxes, $673,000; grants, $378,000; Expenses, general government, $333,000; police, $329,000; fire, $168,000; streets/public facilities, $613,000; sanitation, $106,000.