The main agenda item at the most recent work session of the Cedaredge board of trustees was the 2018 Comprehensive Annual Financial Report.
Auditor Pete Blair of Blair and Associates reviewed the report with trustees, explaining that, overall, the town is doing a great job.
Paonia trustees unanimously approved to accept the 2017 town audit. The board received the draft audit at an Oct. 23 budget discussion and audit presentation by Russell White with Rubin Brown.
During a short meeting July 10, Delta City Council members heard the results of the 2017 audit from Holscher, Mayberry & Company. The audit looked at the city's major funds -- General Fund, Parks and Rec Center Fund and the Citywide Capital Improvement Fund, and four major enterprise funds -- Municipal Light & Power Fund, Sewer Fund, Water Fund and Golf Course Fund.
Auditor Pete Blair presented his firm's audit of Delta County's financial position as of Dec. 31, 2017, at the June 25 county commissioners' meeting.
Blair commended the county staff members primarily responsible for financial oversight and record keeping of the county's resources: Margaret Davey, accounting director; Suesan Scheetz, payroll administrator; and Leona Anderson, human services deputy director.
A recommendation from the Delta Planning Commission to deny a rezoning request for a Crawford Avenue home was upheld by the Delta City Council last week.
CASA of the 7th Judicial District had hoped to move staff and clients from rental space to the home at 755 Crawford Avenue.
Representatives with the Town of Paonia's accounting firm, RubinBrown LLP, said the town is "Trending in the right direction" during their public presentation of the town's 2015 audit.
In addition to high marks by auditors, RubinBrown engagement partner Russell White reported that they encountered "no difficulties in performing the audit that would obstruct its timely completion."
The overall financial picture for Cedaredge was "stable" in 2015, the town's auditor reported on June 14. But revenues were below budget estimates in the general fund while at the same time expected spending declined to match, and losses continued to mount in the golf course fund, according to an audit report.
The severe economic consequences widely expected in Delta County since decline of the coal industry began with layoffs at Oxbow in 2013 have yet to materialize, as far as Orchard City finances are concerned.
"Overall, the town is better off financially in 2015 than you were in 2014," auditor Pete Blair told trustees on July 13.
The public is invited to attend a presentation by Town of Paonia auditors RubinBrown of the 2015 town audit, beginning at 5 p.m. Tuesday, July 26, at Paonia Town Hall.
The Town of Paonia is working toward a sound financial future as it deals with past years of fiscal neglect, mismanagement and thievery dating back to 2007.
At the Sept. 8 board meeting, trustees considered the 2014 budget audit report by the accounting firm of RubinBrown as a measurement of just how deep the troubles go, and how much needs to be done to balance the budget and meet legal requirements while continuing to provide operational services.
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