Certified Public Accountant Shirley Vige, with Vige, Tujage, and Noel, reported to the Pine Prairie Village Council at its meeting last Thursday, “you have a very good fund balance, so you’re in good shape.”
Vige’s remarks came as he went over the audit of the village’s finances.
According to the audit, the village had cash in the amount of $990,000 at the end of 2017. That figure increased $217,000, and the village ended 2018 with a cash amount of $1,167,000.
The ad valorem taxes increased from $88,000 to $95,000 over that same time period, and sales taxes increased from $42,000 to $62,000.
Total current assets for the village at the end of 2017 were $1,170,000 and $1,360,000 at the end of 2018.
Total assets, at the end of 2018, were $1,376,000. Liabilities decreased from $42,000 in 2017 to $36,000 in 2018 leaving a fund balance at the end of 2018 in the amount of $1,339,000.
Earlier in the meeting, during his mayor report, Mayor Quint West complimented the staff and volunteers of the ballpark for their work running the recent Dixie Youth All-Star tournament.
“They really worked hard,” the mayor said. “We had no trouble at the park. It stayed clean. The maintenance people did a good job. They raised a lot of money.”
In other business, the council:
• adopted the Ville Platte Gazatte as its official journal.
• adopted the 2019 property tax millages.
• approved Mayor West entering into an intergovernmental agreement between the Evangeline Parish Police Jury and the Pine Prairie Police Department.
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TONY MARKS Editor