Laguna Vista receives clean audit

Special to the PRESS

The Town of Laguna Vista received a clean audit opinion for the past fiscal year.

On Sept. 30, the last day of fiscal year 2015-2016, the Town has excess revenues over expenditures of $137,428, according to City Manager Rolando Vela.

The Town Council heard the audit report at its January meeting.

“In layman’s terms, this means that for the 2015-16 budget, the Town ended in the black in the amount of $137, 428,” Vela said.

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