By MARTHA McCLAIN
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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