Northwest Alabama Gas District Annual audit shows promising marks

HAMILTON - The Northwest Alabama Gas District (NWAGD) is continuing to grow in profitability.
Gas district accountant Greg Guin presented the Fiscal Year 2019 audit during a NWAGD board meeting on Monday, March 2, telling the board there is $1.6 million available to be declared as ANDI monies, which stands for “annual net distributable income.”
As the gas district is equally owned by six-member municipalities —Guin, Hackleburg, Hamilton, Haleyville, Sulligent and Winfield—each spring, an ANDI disbursement of $500,000 from the gas district’s profits are distributed among the respective cities and towns.
ANDI checks will be presented during the board’s next meeting on Wednesday, April 1.

 


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