The recent Finance Committee meeting held by the City of Ocean Shores on May 22, 2025, focused on critical discussions surrounding project management and financial transparency. The meeting highlighted the ongoing relationship with High Grade, a contractor that has been pivotal in the city's transportation benefit district projects. Committee members acknowledged the effective oversight provided by project manager Becky and her colleague Alex, who have been instrumental in ensuring that contractors meet agreed-upon standards. Their diligence has reportedly led to improved project outcomes, reflecting positively on the city's management practices.
A significant portion of the meeting was dedicated to discussing the city's cost allocation practices. The committee revisited historical decisions regarding the transfer of funds from enterprise funds—specifically utility funds—to the general fund. This practice had previously drawn scrutiny from the auditor's office, prompting the city to seek expertise from MTG, a consulting group specializing in cost allocations. The complexity of these financial transfers was acknowledged, with committee members expressing concerns about their transparency and rationale.
In an effort to enhance clarity, the committee has engaged CPA Tara Dunford, who has experience with similar municipalities. Dunford's involvement aims to provide a more straightforward summary of the cost allocation process, addressing past ambiguities and fostering greater public understanding of the city's financial decisions.
The discussions during this meeting underscore the city's commitment to improving project oversight and financial transparency, which are crucial for maintaining public trust and ensuring effective governance. As the committee continues to refine its financial practices, the community can anticipate clearer communication regarding budgetary matters and project management outcomes in future meetings.