St. Johnsbury board reveals $576K town deficit
ST. JOHNSBURY The town of St. Johnsbury says an audit shows it ran a $576,000 deficit audit last year.
Town officials had reportedly expected a budget surplus of around $233,500 for 2012. In July, they reserved that money in several municipal funds.
On Monday, selectmen voted to reverse the July reserves to apply the money to the deficit, lowering the amount to about $342,000 still in deficit.
The selectmen said residents can expect more details about the deficit soon.MORE IN This Just InCASTLETON Rutland Post 31 pitcher Andy Kenosh called it mojo. Full StoryRUTLAND More than 26,000 people were without power when severe thunderstorms rolled through the... Full StoryNORTHFIELD A Norwich University professor has been awarded a research fellowship to support her... Full Story
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