(MediaNews Group file photo)
The city of Taylor is in good financial shape based on the findings of a recent audit, which also called attention to the fact that the city still needs to decide how to spend millions of dollars in COVID-related funds.
The audit was conducted by a team from Plante Moran, in cooperation with the city’s Budget and Finance Department, for the fiscal year ending June 30, 2023.
A good measure of any organization’s financial health is to track its unassigned fund balance, often referred to as its rainy day fund.
