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Helper's fiscal 2025 audit reports three funds over budget, including $459,331 for a building project
Helper's fiscal 2025 audit reports that the Municipal Building Authority fund spent $459,331 on a public works building project with no adopted appropriation, and that the sewer and garbage funds also exceeded their budgets.
Helper's fiscal 2025 general fund budget included a $330,000 transfer; none was made
Helper's fiscal 2025 general fund budget included a $330,000 transfer in. The audit shows no transfer was made, and the fund's balance fell by $151,634. The year before, the electric fund sent $350,000 to cover a general fund shortfall.
Helper retired a 2015 water loan and drew $2.4 million on a new one running to 2064
Helper's fiscal 2025 audit reports that the city paid off a $1,794,000 water revenue loan and had drawn $2,412,000 on a new 1.5% water loan that matures in 2064. The water system also spent $1.16 million in federal pandemic recovery money.
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