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Audit: City's finances improved

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But auditor warns that large expenditures are 'looming'

By Rich Bauer, Managing Editor

By making some tough decisions, Vandalia officials improved the city’s financial situation substantially in the last fiscal year, the city’s auditor said on Tuesday.
However, Dale Timmermann told the city council, they need to be aware that the city will have some large expenses coming in the future.
Timmermann, who heads up the local CPA firm Timmermann & Co. Ltd., reported that the city ended the last fiscal year on April 30 with revenues exceeding expenses by $344,138.


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The Leader-Union | circulation@leaderunion.com | 618-283-3374
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