If there's a surprise lurking in the 2009 audit of the City of Burlington's finances, it has to be the state of the water utility fund.
According to accountant Pat Romenesko, who handled the audit on behalf of the city, the water fund balance - which is supposed to be maintained at about $420,000 - was just $67 at the end of 2009.
Wednesday, July 28, 2010 |
