Wednesday, January 5, 2011

Bear River City in good shape, financially

At city council, Dave Ahlstrom from Davis and Bott CPA’s presented information from the audit of the fiscal year ending June 30, 2010. The city did not receive any impact fees during the year, sales tax was similar to other years and there was a significant increase in property taxes received. The city paid off the sewer bond early and only has two more payments on the flume loan.
Ahlstrom reported all city expenditures were under budget.