Report reveals Alta sits on solid financial ground
Surplus in revenue
The City of Alta spent nearly $925,000 on community improvements, human development, city protection and policy and administration this fiscal year, but still has nearly $750,000 left in the bank to use for future endeavors and came in under its projected budget by more than $180,000.
A fiscal year 2002 financial report released by the city earlier this week reveals a surplus in revenue of nearly $130,000 offset expenditures that included work on the West Highway this summer, the construction of a new concession stand / bathhouse and the purchase of a new truck for street employees to use.
City clerk Tom Huseman said he and members of the City Council were happy about being able to come in under the city's budget of $970, 805 this year.
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