Friday, November 30, 2012

Town Auditor Delivers (Finally)


The Peru Selectmen have just received a draft audit for FY2012, a mere five months after the fiscal year closed.  The figures are viewable here.

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.


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