Auditor content with City of M.L.’s books
To hear things are well-balanced when it comes to finances and budgets in Meadow Lake.
Dallan Oberg, a North Battleford-based accountant, recently met with city officials to discuss the city’s 2017 draft audited financial statement, and he praised both staff and council for their work to stay close to budget so far this year, and their good job at managing the city’s finances in a responsible way for taxpayers.
For revenues, the city budget for $10.8 million and received $11.2 thanks to an $818,000 boost in land sales from selling the city’s trailer court late last year. On expenses, Oberg was pleased with how closely the city was able to stick to its projections by spending $10.5 million instead of the forecasted $10.7.
“Your difference budgeted to actual is $200,000, or two per cent of your overall expenses,” Oberg told city officials. “You should commend yourselves.”