Mineral Wells Index, Mineral Wells, TX

Top Stories

March 8, 2013

Auditors OK city’s 2012 finances


In accordance with the charter of Mineral Wells, a certified public accountant is required to audit the financial records of the city each year.

Daniel Hungerford of George, Morgan & Sneed PC, in Weatherford, presented council members with his agency’s audit of records for the fiscal year ending Sept. 30.

During Tuesday evening’s meeting, Hungerford said the city’s records presented municipal finances fairly and auditors did not find any discrepancies.

“The audit was a little more difficult since you didn’t have a financial director for a portion of the year,” he said, explaining John Moran was extremely helpful upon accepting the position earlier this year.

Getting into the numbers, Hungerford noted the city’s general fund saw a positive increase of about $127,000 contributing to a total unassigned fund balance of $4.135 million.

The water and sewer fund saw an increase nearly six times that of the general fund during the last fiscal year, he added.

With a total unrestricted balance of $5.817 million, Hungerford noted the water and sewer fund increased by $747,000 compared to the previous year.

He explained the airport fund, representing unrestricted net assets of $408,000, shrunk by about $119,000, making it the only fund to decrease during the period.

“A large portion of that is depreciation,” he noted. priate documentation, though he did mention some clerical oversights, likely attributable to the lack of a designated finance director.

“There were no deficiencies or weaknesses,” he said, and “no issues of noncompliance.”

Fee approved for debit/credit card bill pay

Mineral Wells Finance Director John Moran revisited the issue Tuesday of city staff charging citizens a surcharge when accepting bill payments by credit card.

He answered a question raised during a previous council meeting by indicated debit card users would also incur the 4-percent fee “because we run them through as credit.”

Text Only
Top Stories
  • Jenny Phil and Babe.jpg Jr. History Club meets

    Junior History Club of Mineral Wells met at Holiday Hills Country Club for their monthly meeting.

    April 16, 2014 1 Photo

  • The Marshes.jpg Marshes onboard with Baker comeback

    Ever since the Baker Hotel's final closing, the center of “main and main,” has been rotting out.

    April 16, 2014 1 Photo

  • hazmat3.jpg Truck rollover dumps flammable liquids

    A tractor-trailer rollover on southbound U.S. Highway 281 sent the truck's driver to the hospital and resulted in a spill of more than 5,200 gallons of combustible petroleum distillates into a ditch.

    April 16, 2014 1 Photo

  • library2.jpg From a Winter Victorian Evening to a Spring BOOKNANZA!

    In December, the Friends of the Boyce Ditto Library (FOL) invited members of various groups who had supported the organization, such as the library advisory board, the library staff and the Brazos Foundation, to a dinner held in the library.

    April 15, 2014 1 Photo

  • Balloons.jpg Despite high winds, Go Blue! balloon release a big GO!

    April is National Child Abuse prevention month, and all month long Palo Pinto County Child Welfare Board, PPC Children's Alliance Center and CASA along with other organizations, have banded together in an effort to promote awareness on the largest scale possible.

    April 15, 2014 1 Photo

  • BURN BAN.jpg Commissioners reinstate burn ban

    Monday morning, Palo Pinto County Commissioners approved a motion to reinstate the countywide burn ban, which had been lifted in late March.

    April 15, 2014 1 Photo

  • Joe Erwin.jpg It’s All in the Family

    Any organization is a reflection of its employees.

    April 14, 2014 1 Photo

  • dowser.jpg Dowsing for Flight 370

    Bill Farmer thinks of Philip Wood, the Keller man who was onboard Malaysia Airlines Flight 370, which has been missing since March 8.

    April 14, 2014 1 Photo

  • mel mug.jpg Index publisher to retire this month

    In 1990, I enrolled in a few classes at Weatherford College, one of them being Speech. The class changed the course of my life.

    April 14, 2014 1 Photo

  • Project graduation skeet shoot Saturday

    The Mineral Wells High School Class of 2014 Project Graduation will be co-hosting a sporting clay shoot in partnership with the Palo Pinto County Sheriff’s Posse on Saturday, April 12.

    April 11, 2014

Featured Ads

Click on a photo to see our SmugMug photos

Seasonal Content
AP Video
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.