Augusta Spent More Than It Took In In 2012

Augusta Spent More Than It Took In In 2012 (Image 1)
Augusta Spent More Than It Took In In 2012 (Image 1)

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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