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Ennis Daily News

City’s financial management reassuring

We’re pleased to hear what we expected about the city of Ennis’ financial situation going into the new fiscal year that began in October.
City commissioners learned Tuesday that the city maintains a positive fund balance and tax revenue actually was able to grow in the last year. That is a far cry from the news we’ve heard coming out of other areas, where services and jobs are being cut in one of the toughest economic environments we hope most of us will ever deal with.

Ennis was awarded a clean audit of its 2008-09 financials. We expect that kind of excellence from our city government and are glad to hear we’ve maintained a strong foothold.

Even in surrounding communities, the efforts made to combat this economic downturn have been less than successful. Ennis, through a combination of smart spending cutbacks and focused recruitment in the commercial and industrial sector, has managed to put together a tax base that has fueled financial health.

Hearing that from an outside source — auditors paid to find problems before they morph into serious deficiencies in a government agency’s outlook — is reassuring.

As taxpayers, we have to understand and trust that the city has the best possible stewardship of our hard-earned tax dollars at the forefront all the time.

We look to the administration to make decisions that foster financial growth as well as health, because one of the rules of the game today is growth is key. The way costs are constantly rising, the city must consistently work to generate more with less and better organize and streamline its spending habits, and this administration seems focused on doing just that.

We want to congratulate the city’s administration for its sound management of the city’s finances. The excellence required to return good audit reports is something to be proud of, and the city’s governmental accounting has been shown to be at a high level.

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Posted by on Jan 21 2010. Filed under News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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