JOHNSONVILLE, S.C. — The city of Johnsonville relies on its water and sewer operations to keep the city financially afloat and plans to keep doing so.
Grant Davis, a certified professional accountant from Mauldin and Jenkins in Columbia, presented the city’s financial audit at the monthly city council meeting held Tuesday evening.
He essentially split the city’s finances into two components: governmental operations (parks, street cleaning, police, courts, administration) and its water and sewer business.
Davis’ presentation indicated that the city’s sewer fund had essentially loaned the city’s general fund money in the 2019-2020 fiscal year when the general fund didn’t have enough cash in it.
Davis said the city had budgeted to receive roughly $800,000 in revenue but actually received just over $1 million in revenues from property and local option sales taxes, services like sanitation and business licenses, and franchise fees. He added that the city had planned to spend roughly $1.15 million but had actually spent $1.18 million.
“The general fund essentially budgeted to use fund balance in fiscal year 20,” Davis said. “And it did that. In [fiscal year] 2019, we had a…