Park district shows positive financial steps in audit
PRINCETON — The Princeton Park District has done a good job in bringing in more money than it spent during the 2011-12 fiscal year.
At Monday’s park board meeting, district executive director Elaine Russell reviewed the 2011-12 audit, saying her goal for the year had been to increase cash and to stop “spending down”. The audit shows the district has done a good job of that, she said.
All 11 funds in the park district’s budget have ended the year with positive balances, having an increase in cash over the previous year, Russell said.
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