Serving Lincoln County for more than a century!
Serving Lincoln County for more than a century!
Budget to be scheduled for July
Reardan Council member Leanne Merkel discusses budget concerns during the town council's regular meeting Thursday, May 7. Council member Dan Graham sits to her right, with Wayne Terry also pictured.
REARDAN - A scaled-down review of city finances shows multiple "concerning" and "cautionary" indicators.
Mayor Kathy Eastman presented the state Financial Health Indicators report to the City Council during its Thursday, May 7, meeting.
The report is a multi-year analysis designed to flag potential problems.
Based on 2024 financial data, the report found "concerning" indicators for the general fund, including cash balance sufficiency and change in cash position. Other issues cited include unpaid bills carried over from prior years, improper interfund loans, failure to remit the state's share o...
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