GATE CITY — As they did in 2017, auditors found no red flags in Scott County’s finances last year.
Ron Bostic of Bostic, Tucker & Company oversaw the audit and presented its findings to the Board of Supervisors on Thursday.
“It was a good report, no problems anywhere,” Bostic said. “(There was) a clean opinion straight through the whole report.”
The BOS is responsible for overseeing about $90 million, which includes joint activities, Bostic said. In 2018, the board’s fund balance increased by $93,149.
The county received just over $5.2 million from the Commonwealth of Virginia, which does not include school funding. The BOS gave nearly $5.7 million to the school board, which Bostic said exceeded the state’s requirement for county funding of schools.
Bostic commended county staff for being talented, easy to work with and knowledgeable about the county’s finances.
“We like getting a clean audit like that,” said District 5 Supervisor Danny Mann. “It says a lot about the staff here, and I think they do a tremendous job, the people that are hired here to do that. So we’re very blessed to have the folks we have.”
In other action, the BOS on Thursday appointed a new chairman and vice-chairman. Mann was appointed chairman, a position at-large Supervisor David Redwine previously held. Redwine was appointed vice-chairman, a position District 3 Supervisor Jack Compton held last year.
The BOS also voted to keep its meeting schedule the same for 2019. Meetings are held on the first Wednesday of each month at 8:30 a.m. at the county administrative office, located at 190 Beech St. in Gate City.