PAGE 4 May 7, 2008
The Newscaster/Nature Coast News
Yankeetown CPA: Water Rates &
Real Estate Today
Fire Training Expense Likely to Go Up
Avoid Confusion, Get it in Writing
A Guest Commentary by Darryl Diamond
Yankeetown's CPA Robert Beauchamp told the Yankeetown council that their water
cleared up the confusion, however a written
Let's be positive minded, and as-
system has been operating in the red, for the last three years, about $168 thousand. He said
sume that you placed your
letter sent to them the first week of this month
that is a loss on paper because the town has enjoyed some grants that allowed them to build
would have made the situation crystal clear. I
home for sale, it's sold, the
the water system with state money. Beauchamp told The Newscaster they didn't depreciate
will not make that mistake again, so to avoid
buyer's loan is approved, and
the cost over the life of the facility. He said, "rates have to be set eventually to recover
you are very happily going to
confusion, all future cancellations will be in
depreciation, to build cash balances up so when the facility has to be replaced, there are funds
writing.
the closing tomorrow. In addi-
available to replace the system. Eventually these grant funds (to replace systems) will dry
On your electric, it is considered
tion to all of the many details
up." The water fund needs to be self sufficient, so grants don't have to be relied upon. "The
your realtor has handled for
polite to have the electric left until the day
only way to do that is to increase water rates," said Beauchamp.
after closing so the new owners have power
you, and in addition to packing up in order to
Beauchamp noted that in the future, towns will be spending more to train firefighters
the first night, especially if the closing is on a
move out on schedule, you must handle "your
due to new state requirements. He said, "you're looking at 160 hours per fireman and it's not
closing list". In most cases, your list has very
day that they can not have the power turned
going to be cheap. The city of Cross City recently budgeted $55thousand to train their
on. Again notify the electric company in writ-
little to do with your realtor. Since you will be
volunteer firefighters.This is certainly an unanticipated expense that the town will have to
ing, and have a written agreement signed at
handling many details write down your list,
look at." Beauchamp noted that Yankeetown has the lowest millage rate (1.45) in the county
closing that they will transfer the power into
and to avoid confusion put all items in writ-
compared to other towns like Inglis (4.5) and Chiefland (5.0).
their name. Same with all other utilities.
ing. Your list needs to include, cancel home
On the insurance, it is wise to have
insurance, cancel water service, cancel elec-
your insurance overlap at least one day after
tric service, cancel or transfer phone service,
closing. If the new owners start moving in
cancel "HOA" membership, and cancel pool
the day of closing you will be covered if they
service if applicable.
slip on a banana peel, and want to sue you.
We just closed on a home that had
This one day overlap will eliminate any po-
a weekly pool service. The pool company was
informed by phone that we had closed the
tential confusion on whether their coverage
was in force on the day of closing or not.
first week of this month. Over the phone we
Please remember, your friendly lo-
asked that they please cancel our service,
cal consultant says "for smooth closings with
and contact the new owners so they can con-
no confusion get everything in writing." I'll
sider to continue your weekly service. We
see you around "the campus" Darryl Dia-
received a call this week that we owed them
mond can be reached at 352-447-4442 . This
the last three weeks service. After a few min-
article is a reprint from April, 2007.
utes the owner of the pool company and I
Important Toll Free Numbers
Citrus Cty Govt. Citrus Springs & Dunnellon  489-2120
Levy Cty Govt. 800-733-5389 Levy Cty Sheriff 800-538-9767
FHP Brooksville 800-500-1240 FHP Gainesville 800-395-8248
The Newscaster 352-447-4588 Citrus Co.352-621-4588
Realty
The Ladies Auxiliary of VFW Post 8698 hosted a Mexican Dinner at the post on May 3rd.
Ginger Philips insisted on cooking the delicious meal, herself, with no help at all, and she made
everything from scratch, even the salsa! However, Ginger did allow members to assist her with
serving. Pictured are (front row) Ginger, left, and her helpers, Linda Dreblow, right, and (back
Sally Price, Realtor
row, left to right) Marianne Scarborough, Mariann Sullivan, Marshall Ballard (VFW member)
(352) 302-8556 cell
and Trisha Gail Ballard. The ladies prepare dinners, frequently, and the public is always
welcome to enjoy a delicious meal at a reasonable price. All proceeds go toward the post's
14 Hwy 40 W. Inglis (next to the Inglis Police Dept.)
community programs. Currently, the post is attempting to raise funds for a playground at
Gulf Hammock Management Hunt Camp furnished..just move in........................$39,500
Yankeetown School, which is estimated to cost $18,000, according to Marshall Ballard. Please
3/2 Mobile on canal to river, corner lot,large oaks, workshop...............................$139,000
attend upcoming activities at the post to help raise funds for the Playground Fund, and any
2 Lots,Peaceful Acres, paved street, homes only, near boat ramps EACH. .........$23,000
donation to the fund will be appreciated, as well. For additional information, please call the
4.70 ac Lot, high & dry, paved street Citrus County hills & horse country..........$160,000
post at 447-3495. Newscaster Photo by Tom Russell
4.99 ac Lot between Palm & Mastadon Inglis paved streets.................................$79,900
5 ac LOT ON RIVER Inglis 1225' borders Greenways & Trails REDUCED .....$218,000
Beautiful Home 3/2 split plan high/dry On Hwy 40 in historic Yankeetown........$259,900
Join Us for Special
3 Lots in Yankeetown on Hwy 40 all 3 buildable ..ALL 3 FOR ...........................$85,000
Mothers Day Breakfast!
2 & 1/2 Lots in Yankeetown 59 St paved street can be divided .both for .............$70,000
3/2 LUXURY HOME ON RIVER 36X48 GIANT WORKSHOP deep water & slip $599,000
On Mothers Day Starting at Noon
160X170 HI/DRY LOT IN RIVER FOREST IN HISTORIC YANKEETOWN.........$75,000
Buy 1 Dinner & Get Mom's Dinner for 1/2 Price!
Inglis,fl
2/1 MOBILE & SCREEN BLDG ON 1.6 AC IN HAMMOCK off Williams Rd.......$65,000
HI/DRY CONCRETE BLOCK HOME & 3 LOTS 53 ST YANKEETOWN.......... $159,500
Join Us for Wednesday Steak Night
HAMMOCK MOBILE, SCREEN OUT BUILDING ON 1.6 AC CLOSE IN........$64,000
Grilled NY Strip or Delmonico Steak served with
2/2 MOBILE WORKSHOP SCREEN PORCH CAR & BOAT PARK 1 AC......... $99,500
Red bliss Potatoes & Fresh Corn on the Cob $10.95
2/2 MOBILE SPLIT PLAN NEAR LAKE ROUSSEAU BOAT RAMP................ $52,900
Now Serving Daily
NATURE COAST WATER, INC .
BBQ'd Pork, Fried Chicken & Fried Mullet
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TUESDAY Fried Shrimp or Shrimp Scampi $9.95
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14 Hwy. 19N, Inglis, Florida
Iron, Sulfur, Chlorine, Hardness
THURSDAY Spaghetti with Meatballs $5.95
& Whole House Systems
Bacteria, Tannin, Odor & Cyanide
FRIDAY Fried Fish $7.95
Financing Available
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SATURDAY Chicken Wings $8.95
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Breakfast, Lunch & Dinner  SUNDAY Deep-Fried Turkey or Ham Steak
FREE Water Analysis
Dinner with all the Fixin's $9.25
352-447-6112
1-888-610-4947
352-447-6002
Toll Free
Local