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Century Reports Financial Bottom Line Is In Good Shape
June 23, 2013
The financial bottom line at the Town of Century is in good shape, according to the town’s accountant.
The latest figures show the town’s water and sewer fund with about $240,000 available, including about $35,000 from a motor vehicle wrecks settlement. Excess money from the water and sewer fund is used toward the town’s general fund.
Overall, the town’s general fund is about seven percent below projections, but expenses are over over 10 percent less.
Next month, the town will begin the budget making process for the next fiscal year. In July, the town’s accountant will meet with department heads who will in turn present their budget requests on August 1. Tentative budget workshops are set for August 15 and August 29, if needed.
Comments
2 Responses to “Century Reports Financial Bottom Line Is In Good Shape”
Mayor McCall I apologize for the mental images concocted in my brain, of you Sir everyday after lunch napping in that big plush executive chair of yours for the duration of the afternoon. P.S. Nothing wrong with that as I take daily naps myself.
Job well done Century Management.
Congrats to Mayor McCall and the Century Town Council. A good budgetary outcome like this reflects well on the town’s decision makers.