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Caneyville receives audit report

By Matt Lasley mlasley@civitasmedia.com

4 months 28 days 20 hours ago |540 Views | | | Email | Print

The Caneyville City Commission heard the City’s 2012-2013 Audit report during its regularly-scheduled Monday, Feb. 10 meeting.


Dan Drane, of Drane & Company, PLLC., presented the report and said he found no disagreements with management and no exceptions, making the audit a “clean opinion.”


Drane said the City of Caneyville’s total assets were $4.3 million and debts were $800,000 making the City’s bottom line $3.5 million for the 2012-2013 Fiscal Year.


In addition, the Caneyville Water and Sewer Department saw a $268,000 net improvement.


Drane said Caneyville’s Water is mainly self-sufficient, and the Sewer is “more than paying its own way,” and “most of the bottom line is the Sewer.”


Drane said the only new long-term debt garnered in the 2012-2013 Fiscal Year was the City’s KIA loan equaling about $100,000.


“For the size you are, you’re doing all you can do,” said Drane.


In other business:


*The City Commission passed a motion to lower the rental prices for the Caneyville Ball Fields from $150 to $125. The deposit will continue to be $200.


*Caneyville City Clerk Connie Gootie read a letter from the Kentucky League of Cities requesting that Caneyville give a Statement of Position to Support the League in a Civil Action against a Kentucky school system that had borrowed $8 million plus interest from the League and now refuses to repay the debt.


After a brief discussion, the City Commission passed a motion to give a Statement of Position supporting the League in its Civil Action against the school system, the name of which was not released.


*Caneyville Recreation Coordinator David Gary reported that sign-ups will soon begin for Caneyville’s summer ball program.


Sign-ups will be held at the Caneyville Gym on Feb. 15, 22, and 27, and March 1 and 6.


The Feb. 15 and 22 and March 1 sign-up sessions will be held from 8 a.m.-noon; and the Feb. 27 and March 6 will be held from 5:30 p.m.-7 p.m.


Sign-up fees will be $45 for one, $65 for two, and $80 for three or more.


Gary said the summer ball program will likely begin in May.


Individuals who are unable to attend one of the aforementioned sign-up sessions may drop off their sign-up sheets at Caneyville City Hall.


*City Commissioner Mike Geary reported that he had begun work on repairing the floor in the old Caneyville School.


Geary suggested that the City Commission hold a special-called meeting in the near future to visit the old school and determine what other needs to be done to the school.

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