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Price Page Finds Reporting Shortcomings; City Finance Figures and Project Overruns Draw Public Scrutiny
Summary
Price Page and Company told the council Oct. 28 that the city’s monthly accounting reports had shortcomings and that the firm had confirmed at least $6,000,000 in general-fund operating cash as of June 30, 2025.
City staff read a statement from Price Page and Company during department reports on Oct. 28 saying the city’s monthly accounting report “is not a true picture of the current general fund cash fund balance” and that the firm would provide a more accurate report going forward. The staff message included this sentence: “Price Page and Company has confirmed that there is at least $6,000,000 general fund cash balance as of 06/30/2025.”
Following that presentation several public commenters and analysts challenged the timeliness and clarity of the…
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