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Town's books for 2010

Published on September 14, 2011; Published on September 14, 2011
Amherst Daily News

AMHERST - Amherst’s finances are in good shape, according to town CAO Greg Herrett.

Council approved audited statements for the fiscal year ending March 31, 2011 at a meeting Wednesday. There was a small surplus.

Amherst owes about $6.2 million, but has about $4.8 million in savings, a difference of $1.4 million.

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Victoria rez

- September 18, 2011 at 10:00:35

Just like this downtown restore...."if there isn't enough money for the project we have the town reserves...." Get it together counsil.....really

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confused

- September 15, 2011 at 19:00:56

perhaps i dont understand the concept of "small surplus" but owing 6.2 million and having 4.8 million in savings seems like a deficit, not a surplus.

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