weather icon Possible Drizzle

Nye officials update fund balances following audit

Nye County approved resolutions that allowed augmentation of ending balances of various county funds.

County Comptroller Savannah Rucker said the funds that were augmented spent less than what they had been budgeted for in the fiscal year 2016, and due to underspending, the county was able to increase their expenditure budgets in fiscal year 2017.

“These resolutions are taking the auditor’s final audit for fiscal (year) 2016 and updating the beginning fund balances for these funds,” Rucker said.

The revenue from private property taxes is paid into more than 20 funds, including each of Nye County’s town general funds.

“We budget conservatively when we prepare the budgets for the next fiscal year, we don’t have ending fund balances for the current year, when we prepare the next year’s budget. We don’t get that until the audit report,” County Manager Pam Webster said. “So, this audit report then reflects those final numbers and because they were not included in the budget, this augmentation projects that forward to increase the budget, if necessary.”

Rucker said $3 million came for augmentation. Among the funds that will be augmented are Nye County Museum, Agricultural Extension, State and County Tax, and the towns of Pahrump, Gabbs and Manhattan.

The augmentations are based on each’s funds ending fund balance of the fiscal year 2016 audit, Rucker said.

“For example, Pahrump General Fund was underspent by $1.576 million, and when the augment is processed that increased expenditure augment belongs to that specific fund,” Rucker said. “These are not distributions; there is no sharing of ending fund balance between funds, this is cleanup from underspending in each respective fund from the previous fiscal year based on the final audit.”

Total resources of the Nye County Agricultural Extension were budgeted to be $0 on July 1, 2016, which makes the total available resources to be $68,306, according to the documents.

Pahrump town had the largest augmentation at $1.5 million because it underspent their expenditure budget by $1.5 million. The primary underspending within this fund came from the services and supplies budget, and capital improvement budgets, Rucker said.

Contact reporter Daria Sokolova at dsokolova@pvtimes.com. On Twitter: @dariasokolova77

Don't miss the big stories. Like us on Facebook.
Groundwater levies in Nye County raise questions, again

It was like an echo of a former discussion when, during their most recent meeting, Nye County commissioners addressed two agenda items relating to groundwater levies to be assessed for the purposes of helping to fund Nevada Division of Water Resources and the Nevada State Engineer’s Office’s annual activities.

Former commissioner Wichman tapped for Nye County job

Former Nye County Commissioner Lorinda Wichman said farewell to county government at the beginning of 2020, having served a full 12 years as county commissioner but now, just over a year after her departure, she is ready to jump back into the government sector, this time as an employee rather than as an elected official.

Great Basin College helps feed the community

In life, there are several very basic needs, things that one must have in order to not just survive but to thrive, and one of those needs is sustenance. Sadly, however, there are thousands of people all across the local community who struggle with food insecurity each day.

Earth Day 2021 set for Ian Deutch park in Pahrump

After being forced to take a year off in 2020 due to the onset of the pandemic, organizers of the Pahrump Valley’s annual Earth Day and Arbor Day festivities are ready to get back into the events scene and the 2021 celebration is set to take place in just one week’s time.

Nye slated poorest county in state

Nye County is the poorest in Nevada, according to the data from the 24/7 Wall St.

UNLV students prepare for solar competition

UNLV students were racing to put the finishing touches on Mojave Bloom, a 628-square-foot home they’ve built from scratch for the U.S. Department of Energy’s international 2020 Solar Decathlon Build Challenge. The biennial contest challenges colleges worldwide to design, construct and operate homes powered by renewable energy.

Noisy fire in Beatty

It was risky business for the Beatty Fire Department, as they responded to a mobile home fire just before 3 a.m. Thursday, April 8, in the 500 block of West Watson.

Sunday marks World Amateur Radio Day

World Amateur Radio Day is Sunday, April 18, the anniversary of the day in 1925 when the International Amateur Radio Union was formed in Paris.

Letters to the Editor

Former Soviet leader’s words ringing true 60 years later