Despite volatile market conditions, Lyon County government received a positive financial report during this morning’s Lyon County Commission action session.
Commissioners heard from Bob Agler of A&M Consultants. Agler gave commissioners the end of the month report for September.
The total unencumbered balance for Lyon County is $13,650,000, which is within $145,000 of what it was last month, Agler said. The county’s revenues are $483,000 higher than was budgeted for this year, Agler said. “The interest has probably run its course,” Agler added.
Agler said the county’s financial report was a positive one despite hard economic times.
“Really, all in all, very good report, which is exactly what you want,” he said. “Things are going very well.”
Agler said the trickle down effect with the economy likely will have an impact.
“I would assume implement dealers (and) auto dealers are finding things really tight,” he said. “Not necessarily that people aren’t out there wanting to purchase, but this thing has really frozen creditors availability...We’re going to see some trickle down...”
Commissioners talked about the credit market in general, including tactics the market uses to manipulate the public.
“There isn’t a lender or bank out there that hasn’t lied or manipulated the public,” County Counselor Marc Goodman said. “When you get penalized for being at zero balance and you get points taken away from your credit (rating) for that, nobody knows that.”
Goodman said he doesn’t feel sorry for an industry that brought the situation upon itself.
Lyon County commissioners signed a letter of support for the Lowe’s project at the northeast corner of 24th Avenue and Industrial Road.
“It’s pretty easy to get up and be negative about something,” Commissioner Marshall Miller said. “It does effect people’s lives up there and traffic but I don’t think we can sit on the sidelines on this one. I think the community needs expansion on the commercial area.”
The letter states: “The Lyon County Board of County Commissioners supports the Lowe’s project on 24th and Industrial, as being a benefit to citizens of Lyon County.”
Goodman addressed one of the concerns about the location of the business.
“There is only two times traffic is heavy up there at all,” Goodman said. “That’s when school starts and when school lets out. They make that big to do about foot traffic on 24th street .I think it could be factually reported that there is little or no foot traffic on that area...I don’t think you ever see more than three, four or five kids walking down past Industrial.”
Goodman said it’s mainly car traffic that picks the kids up from school in the area.
In other business, commissioners approved the bid from Carpet and More for carpet in the law enforcement center for $16,092.
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