Mayor: Bradley County posts clean audit, net position up $11 million
Bradley County Mayor reported a clean audit with no finance findings, a year-end net position of $91,731,000 (up $11,000,397), an unassigned general fund balance of $13,639,000 (26.1% at June 30), and a $7.7 million reduction in long-term debt to a total of $52 million.
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Mayor Davis presented the county audit results to the commission, describing the report as "another good clean audit." He told commissioners that "Bradley County's net position at year end was $91,731,000, which is an increase of $11,000,397," and said the county maintained strong bond ratings.
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