Anyone interested in how the city is doing financially should take a look at the new audit report posted on the city's web site.
It is also in the newspaper today, but the format online is much clearer. Take a look!
Please note that the asterisks beside certain findings mean they are unresolved from previous audits. This one covers the state fiscal year beginning July 1, 2010 and ending June 30, 2011. That would include the time frame during which the WBLS expenditures took place.
The next audit period would be the six-month "transition year" from July 1, 2011 to Dec. 31 of 2011. Audits take a while to complete after a fiscal year ends, so look for that one in a few months.
--Bernice
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