San Luis ends fiscal year in red
SAN LUIS – This city ended the prior fiscal year with deficits ranging from $1.2 million to $3.1 million in the various funds that provide services to residents, according to a late audit of the city budget.
The audit, presented Saturday morning to the city council at a work session, found that expenditures from the general fund for fiscal 2005-06 exceeded revenues by $1.2 million. The general fund pays for most basic services to city residents, such as police and fire protection.
The audit also found a shortfall of about $3.1 million in the utilities fund, from which the city provides water and sewer service.
A follow up on a previous story about this border town -
Recall effort against San Luis councilman defeated in court
Labels: Border Life, The Peter Principle
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