Some highlights:
- Revenues exceeded expenditures by $165,487.
- The "unassigned" fund balance (i.e. the surplus) grew to $558,842.
- Net assets increased by about $263K.
- Cash and cash equivalents increased by about $307K.
- Receivables (unpaid taxes) increased from almost $206K in 2011 to over $225K.
Looks like some tax relief might be in order.