The Jay Town Council heard the preliminary results of it's annual audit and discussed town projects Monday night.
“This was, overall, a much better audit,” said Joshua Durst, CPA with Durst and Jordan. “Overall, the town finished 2019 in better financial than it did at the end of 2018.”
Durst said the town needed to take a look at year-end audit adjustments, but indicated the balance sheet for this year, compared to last year, had the town in a better current asset position and it's net asset position is stronger than is was at the end of 2018.
“The town had $171,000 revenues and income ahead of expenses for 2019,” said Durst. “Thats hard to do, to take a town this size and be able to bring in revenues enough to cover your overhead and operating costs.”
Durst did recommend that the town consider putting an amount less than the $5,000 it utilizes now to determine assets that may need replacing or purchasing.
“I'm glad to hear we are making progress,” said Jay Mayor Shon Owens.
Council members agreed they would decide on a final amount at the next council meeting.
Bray-Hendricks Park Master Plan
Last weekend's Volunteer Day got the new equipment installed at Bray-Hendricks Park playground.
“We poured concrete on Saturday, and the sand is coming for the swing set, along with new swings and chains,” said Jay Operations Manager Eric Seib. “The swing set has been painted. The ramp will go into a 20-foot by 60-foot rubber flooring, so the kids on the slide will slide into soft mulch, which will be leveled with dirt by the end of this week or early next week.”
Council seats
Two qualifiers, Councilman Wayne Godwin and former council member Jane Hayes ran for Jay Town Council unopposed. Councilwoman Maxine Ivey’s seat expires 2020 and she did not run.
Town clerk Donna Bullock told the council that Godwin and Hayes would be sworn into office Oct. 1, 2020. Bullock said voters will decide on Sunday alcohol sales in Jay in the Aug. 18 election.
The next council meeting will be at 6 p.m., Monday, July 6, at Jay Town Hall.
