AUDIT ACCEPTED 5-6-15 LMS
The 2014 official audit of city finances performed by Certified Public Accountant Bob Baker was unanimously accepted by the Salmon City Council at its May 6 meeting.
Baker commented the city funds are holding really well and that it was a solid year with the city’s net assets presently close to $13 million. His advice was to keep monitoring the budget. He had high praise for the city’s Finance Team and for City Finance Director Amy Fealko’s excellent job of pulling all the numbers together for the audit as well as her Management Discussion and Analysis report.
The council has chosen Valley Wide Cooperative as this year’s propane provider for the city. The other bid submitted was from Salmon River Propane. Valley Wide’s bid was $1.099 per gallon compared to Salmon River Propane’s $1.17 a gallon. Fealko recited the numbers and stated that even though Salmon River Propane’s service fees are $40 per hour compared to Valley Wide’s $62.50 per hour Valley Wide, if awarded the contract, offered the first four hours of service free of charge. She said the city only required two and a half hours of service last year. She said the overall price quoted by Valley Wide is seven cents per gallon lower than the quote from Salmon River Propane.
The city uses approximately 20,000 gallons of propane a year. The price per gallon quote will be locked in until May 1 of 2016.
A May 7 appointment was made for an on-site meeting between property owner Mike Beers, Public Works Supervisor Harry Shanafelt, City/County Building Administrator Gary Goodman and City Councilman Jim Baker. The goal is to determine where Beers can legally build a garage that will meet all set back requirements and to complete a property exchange between Beers and the city that has been in the works for three years.
The next meeting of the Salmon City Council will be May 20 at 6PM in the Salmon Valley Center meeting room.
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