The City of Auburn finished FY08 in the black according to preliminary numbers by the city’s internal accounts. City administrator Ron Griffith reported to the city council recently that the town took in more money than it spent during the year and that an audit would be completed by Feb. 15 of the city’s operations.
The unaudited report for Auburn shows that the town netted $174,300 in its General Fund during FY08 and $174,500 in its water fund for a total net in the black of $348,800.
The town’s general fund expenses were $443,200 under budget and water fund expense were $738,100 under budget, according to town figures.
Despite that strong financial showing, the city is taking steps to tighten spending during the first part of 2009. According to Griffith, the city is freezing all overtime and will avoid filling vacant positions until the end of March. He said, however, the police department and emergency situations would be exempt from that freeze.
Auburn’s FY09 General Fund budget is $3.6 million and its Water Fund budget is $1.4 million. The city also has a solid waste budget of $158,600 and a capital projects fund budget of $1.9 million.
