MANLIUS — The village of Manlius is in overall good financial position, according to its auditor.
At Tuesday’s meeting, the Manlius Village Board heard from auditor David Wilcoxson on the audit recently completed for the village.
Reviewing some of the highlights of the audit, Wilcoxson said the audit shows the village has more than $500,000 in cash in all funds in the village’s governmental-type activities and another $52,000 in the business-type activities. The governmental-type activities has about $18,000 in liabilities, and the business-type activities has about $42,000 in liabilities.
The business-type activities for Manlius includes the water and sewer departments, and the governmental-type activities include the general fund and other funds for which taxes are collected, the auditor said.
Taxable assessed value of the village is about $2.4 million, which brought in about $30,000 in local taxes, Wilcoxson said. The tax rate for the village was at 1.28 in 2012 year, compared to 1.20 in the previous year and 1.12 two years ago, he said.
Looking at other revenue sources, Wilcoxson said revenue from water and sewer fees went from $129,000 a year ago to $147,000 this year. Motor Fuel Tax collection was at $8,847 for the 2012 year and $8,549 in the 2013 year, with the village receiving a $1,542 state grant for both years.
Also, the village’s TIF (Tax Increment Financing) District brings in some money for the district. The village currently has about $300,000 in that fund. The current TIF District will continue until 2019, he said.
“All in all, you are in pretty good financial position, basically operating in the black,” Wilcoxson said.
In other business at Tuesday’s meeting, Mayor Rob Hewitt announced the village board would not be discussing the wood burning ordinance as originally planned for that meeting. More research was needed into the issue, he said.
As reported earlier in the Bureau County Republican, the board had agreed to create a wood-burning ordinance after a resident approached the board earlier this year with a concern that his neighbor’s homemade, outdoor wood stove burner was allegedly producing a large quantity of thick, blue smoke.
The board also heard Tuesday night from Village Superintendent Mike Rowland who gave an update on the ongoing water meter installation project. There are still 59 meters which he hasn’t yet been able to install because of his already busy work schedule, Rowland said.
Board member Dawn Reglin asked Rowland if he needed help in getting the installation work done. The village needs to finish the job, she said.
After further discussion, the board agreed to look into hiring a licensed plumber to help with installation work.
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