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Auditors give City a clean audit

6/17/2021

 
     The Board of Aldermen met Monday, June 14th, passing a series of resolutions to authorize the installation of street lights in four development areas, including the Bush Business Park and Greystone Estates subdivision. In addition, the Board received a report from Auditor Troutt Beeman & Co., giving the City a clean audit for 2020. The auditor praised City staff for their cooperation during the audit process and noted the increase in sales tax revenue and franchise tax payments in 2020. Grant revenue increased by approximately $950,000, thanks mainly to CARES Act funding.
     Following a public hearing, the Board approved the first reading of two ordinances changing the zoning of two tracts intended for the development Greystone West. The planned development includes 13 four-plex buildings for a total of 52 units and 3 retail/office buildings, and a 3-story 48-unit senior apartment building. Aldermen Cleaver and Knox voted against both ordinances.
     The next regularly scheduled meeting of the Board of Aldermen will be held Monday, June 28th at 7:00pm.
 
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