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Village Shows Strong FY2016 Financial Position

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By Jennifer Weber

The Village of Springville Board of Trustees meeting held on Monday, Nov. 7 began with a moment of silence in honor of Alyssa Hearn, the student who tragically lost her life in a bus accident on Friday, Nov. 5 on East Main Street.

“We’re a small village in a rural setting and we don’t think that tragedies of this magnitude and this sort happen in our little town, but last Friday this tragedy reminded us all of our frailty,” stated Springville Mayor Bill Krebs. “I think it’s fitting that we pray for the strength and faith that the Village and larger community needs to help each other through this crisis and specifically to remember in our prayers and thoughts the family, the fellow students of Alyssa, the school personnel and the first responders.”

Following the moment of silence, the board meeting began with the overview of the Village of Springville Independent Auditor report for the fiscal year ending May 2016, presented by Laura Landers from Freed Maxick CPAs.

The general fund has a “small surplus, good fund balance, and still some money left over in capital reserves,” reported Landers. “The general fund is really in a strong financial position as of May 31, 2016.”

The overall summary report of operations for the 2016 year showed the general fund with an increase in balance by a little over $72,000 and ended the year with an unassigned fund balance of $1,611,000, with an additional $236,000 reserve for capital projects. All of the enterprise funds (water, sewer and electric) ended the year with net cash provided by operating activities.

“It’s extremely important that the Village is financially sound, not only because we take care of the taxpayers money, because it’s not ours,” stated Krebs, “But we want to move the village forward with projects and make Springville a competitive place and a sustainable place to live.”

The entire audited financial statements for the Village of Springville can be found online at http://www.villageofspringvilleny.com.

Judith Braden, office manager from General Physician PC, formerly known as the Concord Medical Group, announced an open house for the community on Nov. 16 from 2 to 6 p.m. at 230 South Cascade Drive, Springville.

In other business, the Board accepted the resignation letter for Sue Owen, Chairwoman of the Village of Springville Zoning Board effective Dec. 1, 2016. The Board is seeking recommendations for the open position. If any residents would like to be considered, please contact the Village Office for more information.

Village Administrator Liz Melock reminded the public about the seasonal parking ban in place from Nov. 10, 2016 to April 1, 2017. Violation of the law may result in a ticket or a tow at the owner’s expense by order of the Village of Springville Police department.

Superintendent of Public Works Kenneth Kostowniak reported that work on Heritage Park “is moving along at a lightning pace.” The blacktop parking lot should be in place by the end of the week and the parking lot will be temporarily closed while this work is completed.

The Village Board approved a request for an additional $35,000 from the unappropriated fund balance to go to the Heritage Park Factory Street Project upon the recommendation of the project engineer to rebuild the north/south section of Factory Street, due to the existing road falling apart and collapsing upon installation of the new water line.

The police department will be conducing three commercial vehicle enforcement checks in the month of November, along with three potential additional checks in December held alongside the New York State Department of Transportation.

Krebs extended thanks to the Village Police and Erie County Sheriff investigators for assisting the Springville community last week during the tragic accident on Main Street.

There will be a ceremony honoring Veterans at Shuttleworth Park on the south side of the Municipal Parking Lot on Friday, Nov. 11 at 11 a.m.

The Village of Springville Board of Trustee’s next meeting is Monday, Nov. 14 at 7 p.m. at 65 Franklin Street, Springville.

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