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Town of New Glasgow council updates
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Town of New Glasgow council updates
New Glasgow’s audited financial statements were presented at last night’s monthly meeting, and show the town in good fiscal health. The fiscal year ending on March 31st had a net surplus of almost $8.8 million dollars, while the Water Utility operated with a deficit of about 83 thousand dollars. The Operating Reserve Fund was at $6.64 million at year’s end. Mayor Nancy Dicks noted that much of the surplus was the result of 9.4 million dollars in…
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