BLYTHEWOOD – Council voted 5-0 last week to amend the last fiscal year’s budget (2017-18) to play catch-up on a $265,200 payment that should have been made to the debt service fund for the Blythewood Facilities Corporation (BFC) 2010 bonds prior to the recent refinancing of the bond. Brent Robertson, representing Parker Poe, the Town’s […]
Town hires CPA to right its financials
BLYTHEWOOD – Town Council passed final reading last week on the Town’s 2018-19 budget set at $1,565,114. Town administrator Brian Cook said there were only a few changes in the budget since the first reading in May. Of note, however, is a transfer of $25,000 from the contingency fund into accounting services. “That accounts partly […]
Bond refinancing savings changes
BLYTHEWOOD – After voting on April 5 to refinance the 2010 $5 million Blythewood Facilities Corporation (BFC) bonds, Council closed on the refinancing with BB&T bank on June 5. Emily Luther, an attorney with Parker Poe of Columbia who handled the initial 2010 bond issuance, updated Town Council on the refinancing at its May 26 […]
BW Town Council passes first reading on budget
BLYTHEWOOD – Town Council passed first reading of its 2018-19 budget Tuesday evening. The proposed $1,565,632 budget reflects $202,111 in building permits and fees, an increase of $17,111 over last year. Council also sees business licenses inside the town increasing from $94,871 to $113,351 and business licenses outside the town increasing from $80,188 to $92,491. […]
Chamber financials reflect inconsistencies
BLYTHEWOOD – Whenever the Greater Blythewood Chamber of Commerce Executive Director Mike Switzer requests additional funding for the chamber, council members generally have been willing to cough up more money. As Blythewood council members plan to discuss increasing the total annual funding to the Chamber by more than $15,000 to $57,500, during a budget workshop […]















