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Audit shows Town of Edgefield has 84% of budget in reserves, sets new
time for monthly meetings
posted December 4, 2007
EDGEFIELD – The Town of Edgefield got a
clean bill of fiscal health at the December meeting of the Town Council
Monday night. Mrs. Toni McKinley, of McKinley Cooper & Company,
said the town has 84% of its yearly budget held in reserves, or $1.8
million. “That’s a great place to be,” Mrs. McKinley said.
Mrs. McKinley said the town spent $75,000 more than it budgeted last
year and still had $576,963 in cash assets and $1,462,833 in the state
investment pool. Most notable was the town had no long-term debt
letting the town boast $3.4 million in total assets. Total town
expenses for fiscal year 2007 was said to be $2.3 million.
Total revenues for the town were stated at $1.8 million a year
resulting in a $504,000 shortfall. Mayor Ken Durham asked if that was
due to funds being expended on capital outlays that were refunded by
other sources. Mrs. McKinley said a majority was due to the streetscape
and the purchase of a fire truck. Mayor Durham said the funds had to be
spent in order to recoup the money from state funds, which occurred
after the audit. “That is correct,” Mrs. McKinley said.
Mayor Durham said he just wanted to clarify that the town did not spend
more than $500,000 over budget and it was just due to the timing of the
In other business the Edgefield Town Council approved a letter from
Kerry Klien hosting the second annual Shamrock Run on Saturday, March
15, 2008, and a request to use the town square during the event.
Also approved were $7,500 maximum funds to be made available to install
three antique light poles on Jeter and Bacon Streets. The actual costs
involved is expected to be less than $7,000, but the Mayor wanted
permission to move forward once bids were received.
In a rather unceremoniously discussion Mayor Durham addressed the
agenda item of whether the official meeting time of the town council
should be changed from 6:30 pm to 6:00 or 5:30 pm. “I’ve noticed
Charlotte sitting around here for an hour on meeting day,” Mayor Durham
said adding that he too found himself loitering about until the meeting
time. Town Council members agreed and set the new time for the meetings
to be at 5:30 pm to better fit their schedules.
What was not addressed was the ability of general public to attend the
meetings at the new time due to their work schedules. Mayor Durham
stated the new schedule would take effect in January, however, it is
unknown at this time if the meeting schedule can be changed without the
proper notification in the local “paper of record” advising the
citizenry of the change. The notification process was not brought up or
discussed at the meeting.
The Visitor of the Month for December was the newly hired Edgefield
County School Superintendent Dr. Mary Crenshaw who sated that she just
came to say that Edgefield County has a “good school system” and that
she was presently reading a book on how to make a “good school system a
great school system.” Dr. Crenshaw also said that she has, “an open
door policy,” at the district level and welcomes all to visit her in
Newly elected Sen. Shane Massey also attended the meeting and was
recognized by the Mayor to offer a few words. Sen. Massey said he just
wanted to attend the meeting to introduce himself and to say that he
was available to all citizens and to please contact him if he could be
In closing Mayor Durham said he wanted to thank everyone that make the
Christmas Parade a success and said, “I don’t usually like to name
names because I end up leaving someone out,” but mentioned Police Chief
Ronnie Carter, Town Clerk Charlotte Cheatham, Calvin Henderson, Jane
Herlong, Michale Medlock, Sharon Nunamaker, and David Coleman. “It
takes people to make things happen,” Durham said, “and we are blessed
to have so many doing so much.”
Mayor Durham said he also wanted to wish every a very Merry Christmas.
With no other business the meeting was adjourned.
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