Augusta Spent More Than It Took In In 2012

Augusta spent more money than it took in last year and the city savings account will take a hit.

The annual audit is finished, and it shows the city did not end last year with a surplus.

In 2011, the city finished the year $1.6 million on the plus side, but not last year. This is not a complete surprise, as Augusta Commissioners approved using $3 million out of reserves in 2012 to balance the budget.

Commissioners are scheduled to get a report on the audit findings and the deficit at Tuesday's meeting.

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