Auditor: Bibb County turned budget deficit to surplus

Published: February 6, 2013 

Bibb County’s government got another clean audit after a fiscal year in which the county rebuilt, rather than sapped, its financial reserves.

The news came from accountant Meredith Lipson of the Mauldin & Jenkins firm, who told county commissioners Wednesday the county’s books were good for the fiscal year ending June 30, 2012.

“We did issue an unqualified opinion. That’s a clean opinion, the one that you want,” Lipson said.

The audit confirmed the findings of the county’s new comprehensive annual financial report, which shows the county was able to improve the financial reserves for its general fund to $29.8 million, up $2.6 million. That came even after the county put $2.35 million it hadn’t originally budgeted into a trust fund for retirees’ health insurance. The county budget originally called for $4.9 million to be pulled from reserves, not to replenish them.

But property tax revenues surged $6.3 million. The county has held spending nearly flat, cutting expenditures about $222,000, or a decrease of about 0.3 percent. Lipson praised the county’s efforts to control expenses.

Bibb County has been getting clean audits for years and has received 27 consecutive awards for its financial reports from the Government Finance Officers Association. Lipson said she expects the county will get another such award. Lipson said the audit was done without any audit adjustments -- something that’s happened year after year, and ensures commissioners can base their decisions on good, accurate information.

The Comprehensive Annual Financial Report is expected to be posted to the county’s website this week.

Separately, commissioners voted to name the interchange of Interstate 16 and Ga. 87 after Sgt. William F. Black, a Macon native who was the first Georgia State Patrol trooper killed. Commissioners also are seeking to name the interchange at Interstate 475 and Thomaston Road for the “Veterans of All Wars.”

Commissioner Lonzy Edwards was absent Wednesday due to illness.

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