New Site’s 2018-19 audit shows growth in revenue

Gabrielle Jansen / The Outlook Henry Dunlap, left, presents the Town of New Site's 2017-18 audit.

In the last year, the Town of New Site has gotten even further in the black, which the council learned Tuesday by reviewing its fiscal year 2018-19 audit Tuesday. The 2018-19 fund balance, which is the difference between what the town owns and what it owes to other parties, was $605,464 in comparison to FY 2017-18’s $597,189, according to the annual audit from Henry Dunlap of Hare & Dunlap CPA Group.

This all means the city has more money to spend outside what they budgeted.