Carson City Board of Supervisors to hear annual financial report
The Carson City Board of Supervisors will receive the city’s annual financial report and consider an ordinance overhauling liquor licensing regulations.
For the fiscal year ended June 30, 2016, the city’s funds’ combined balances were $22,896,266, a decrease of $7,968,133 from the prior year, according to Eide Bailly, LLP, the city’s auditor, with about 26 percent of that, or $6,005,645, unassigned and available.
The general fund balance was $7,318,481, or 11.4 percent of total general fund expenditures, which is nearly 3 percentage points above the 8.3 percent goal set by the board.
The city’s total bonded debt and notes payable increased by $2,440,136 due to $6 million in sewer general obligation bonds and $7,753,915 of Sewer, Water and Stormwater State Revolving Fund debt issuance while city capital assets increased by $18,888,948 due to downtown construction, the multi-purpose athletic center, and work at the Water Resource Recovery Facility.
One corrective action is needed, according to the audit. The Cemetery Enterprise fund was overdrawn by $605 because some sold niches, a space for holding urns, were not removed from inventory.
The entire report is available online at carson.org/home/showdocument?id=53216
The supervisors also will hear a first reading of an ordinance amending the city’s liquor licensing code.
Nineteen changes to the code are outlined in the staff report, including new definitions for beer, wine, craft distillery and other terms; allowing the review of liquor licenses by a hearing officer; and exempting wholesale dealers from background checks.
In other business, the Carson City Airport Authority is asking for approval to extend four leases at the airport for 22 years.
The 50-year leases are expiring and based on appraisals, will only be raised by 1 cent per square foot, so the airport negotiated with the tenants to add a charge of $84,648.44, which will be used toward renovating the airport terminal building.
In the afternoon, the board will take up several commission and board appointments, including re-appointing Doug Martin to the Nevada Tahoe Conservation District; reappointing Denise Stewart and Wendy Talavera to the 9-1-1 Surcharge Advisory Committee; and appointing a member to the Regional Transportation Commission (RTC).
Mark Kimbrough, a current RTC member, has asked to be reappointed and the city received applications for the spot from Randall Gaa and Kent Steele.
The Board of Supervisors meets at 8:30 a.m. in the Sierra Room, Community Center, 851 E. William St.