Glasgow Daily Times, Glasgow, KY

Local News

April 8, 2013

It's all good


Cave City city council members received good news Monday night regarding the financial status of the city.“Once again the city got the best audit report it could get from an independent auditor. It’s called an unqualified opinion, which means we are not having to qualify for anything that we believe that is not fairly stated,” said David Gilbert with Gilbert and Gilbert, a certified public accounting firm.

Gilbert  reviewed the city’s 2012-13 financial audit with council members during the meeting. He pointed out the city has a fund equity or fund balance of $59,558, which is considerably more than the city’s fund balance of 2011 or 2010.

In 2011-12, the city had a fund equity of $7,929, but in 2010-11 the city’s fund equity was a negative $37,566.

  Read more of this story in the print or e-Edition of the Glasgow Daily Times.



Text Only
Local News
AP Video
Disabled Veterans Memorial Nearing Completion Last Mass Lynching in U.S. Remains Unsolved Home-sharing Programs Help Seniors Ex-NYC Mayor: US Should Allow Flights to Israel Clinton: "AIDS-Free Generation Within Our Reach" Judge Ponders Overturning Colo. Gay Marriage Ban Airlines Halt Travel to Israel Amid Violence NYPD Chief Calls for 'use of Force' Retraining VA Nominee McDonald Goes Before Congress Bush: Don't Worry, Sugarland Isn't Breaking Up US Official: Most Migrant Children to Be Removed Police Probing Brooklyn Bridge Flag Switch CDC Head Concerned About a Post-antibiotic Era Raw: First Lady Says `Drink Up' More Water Courts Conflicted Over Healthcare Law Holder Urges Bipartisanship on Immigration Raw: Truck, Train Crash Leads to Fireball US Airlines Cancel Israel Flights Obama Signs Workforce Training Law Crash Victims' Remains Reach Ukraine-held City
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Seasonal Content