- Published: Friday, 20 June 2014 09:00
- Written by Letter to the Editor
As I have done every year, I have spent some time in review of the Audited Statement for the Municipality of Meaford for 2013. Although the level of detail in audited statements for 2013 is less than in the budget, I find it is still a worthwhile exercise to study these audited statements.
I offer my observations to your readers as follows:
The municipality budgeted for a surplus of $3,823,807 (budgeted revenue of $19,374,836 with expenses of $15,551,029), but only had an actual surplus of $1,628,788 because four departments went over their budgets by the amounts as follows: