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Review of 2008 city audit


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An auditor will be present at the June 22 city council work session to review the financial results and audit findings of the 2008 audit of the city. For 2008, the city's general fund had renues in excess of expenditures of $187,269. The surplus resulted from under-spending the total general fund expenditure budget by $72,000 and receiving $79,000 in market value homestead credit that was not budgeted for in 2008.


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