APTC ‘in sound financial condition’
The Acadia Parish Tourist Commission is in sound financial condition, according to its latest financial review.
John Istre of the accounting firm of Broussard and Poché was at Thursday morning’s meeting of the commission to explain the latest review, explaining that, because the commission’s annual budget does not exceed $500,000, a “review” is conducted in the place of a full-scale audit.
“This is a clean report,” Istre said. “Nothing came to our attention during the review.”
He said the entity’s total assets at the close of 2018, including property and building, amounted to $898,486 while liabilities (accounts payable and payroll taxes) amounted to $11,766.
The only “finding,” according to Istre, was failure to adequately post notice of meetings, something he said could be done through the official journal or by posting the agenda on the front door of the Tourist Information office at least 24 hours prior to a meeting.
In other business, Bart Wild reported that the planned Spring Fam Tour will be chaired by Harold Fonte, commissioner from Church Point.
Tour stops have yet to be finalized, but the commission’s Marketing Committee is scheduled to meet Tuesday, Oct. 15, to begin planning the tour and other events.
Commissioners reviewed the proposed budget for fiscal 2020 with a number of revisions offered. The revised budget will be circulated to the members for final approval.
Commissioners can also expect to receive a copy of the revised bylaws via email for approval, according to Chairman Fran Bihm.