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Council reviews finance department update; audit shows FY23 surplus of $508,000, item received and placed on file

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Finance director reported completion of the FY23 audit and progress on FY24; Councilman Kenoyer highlighted a $508,000 FY23 budgetary surplus and raised concerns about a previously backdated certified tax levy. The council received and placed the finance update on file (25CO128) by unanimous vote.

The council received and placed on file the finance department update (25CO128) Monday after the finance director reported the FY23 audit had been completed and submitted to the state.

Councilman Kenoyer reviewed key audit findings and praised the finance directors work. Kenoyer said the municipal side ended FY23 with a budgetary surplus of $508,000 rather…

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