Bear Creek Development Authority

Pension liabilities problematic for BCDA


Certified Public Accountant Don Wallace goes over the results of the most recent audit with members of the Bear Creek Development Authority at their recent quarterly meeting.
HODGES - The Bear Creek Development Authority is facing an indebtedness of $785,000 related to its pension liabilities paid to the state for retirees, a problem faced by other entities and governmental agencies, and a problem without a solid solution.

BCDA raises rates


Rates for camping and other activities on waters administered by the Bear Creek Development Authority have increased.
HODGES - Taking action based on a recommendation by the Alabama Sunset Committee, the Bear Creek Development Authority voted unanimously across the board to raise their rates and fees based on an audit conducted of the board’s expenses.