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Published December 29, 2008 07:39 pm - By Patrick McCreless staff writer Former Hanceville Mayor Katie Whitley has a problem with the council’s recent announcement that the city has a $1 million deficit. Whitley disputes deficit Claims Mayor Nail is ‘just putting a scare tactic on’ The Cullman Times By Patrick McCreless
staff writer Former Hanceville Mayor Katie Whitley has a problem with the council’s recent announcement that the city has a $1 million deficit. “There is no deficit at the city of Hanceville,” Whitley said. “There may not be the money there that they (council) want, but there is no deficit.” Certified Public Accountant Larry Cooke’s audit of Hanceville’s last fiscal year indicates otherwise. “I don’t know which year she (Whitley) is looking at,” Cooke said. “Last (fiscal) year, the general fund, which pays the bills, operated at a deficit of over a $1 million.” Hanceville’s last fiscal year lasted from Oct. 1, 2007 to Sept. 30, 2008. Cooke said when the previous Hanceville City Council took control in 2004, the city had approximately $1.5 million in cash and receivables in the bank. When the administration left, there was $969,000 less, Cooke said. He added that the council spent $600,000 just in the last fiscal year, much of which was on projects for the city’s parks. The largest expenditure was $300,000 for a concession stand at C.W. Day Park. Another $100,000 was paid to engineering firms on projects to map the city’s sewer system and map the city, Cooke said. Former council member Hubert Jones agreed with Whitley’s assessment of the city’s financial situation. Jones said according to the city’s books, Hanceville had $685,434 in the general fund as of Oct. 31. “That’s what was there, Friday before the new administration started,” Jones said. “We haven’t had any deficit.” Cooke noted the general fund money has all gone to pay off the last administration’s debts, such as the concession stand construction. “According to the books, nothing was paid on it (concession stand) at the end of the last fiscal year,” Cooke said. “It all comes out of the revenue of the current administration.” Whitley claimed the current administration made up the deficit to justify the reinstatement of a 3 percent tax on the Cullman Electric Cooperative. 
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