City department heads given budget responsibilities
July 26, 2020
At the Alva City Council meeting Monday, July 20, Finance Committee Chair Bo Hannaford reported on the meeting held just preceding the council. He listed some of the large claims approved by the committee. From the general fund, the audit prep fee was a little over $12,000, bulk fuel about $7,000, debt services and Alva Economic Development Authority of about $16,000 and Alva Utility Authority a little over $57,000. The larger than usual payroll amount covered three pay periods in June rather than the usual two.
At the end of June, cash balances were a little over $150,000. Investments were...