Tuesday, September 22, 2020

CITY OF THOMASTON 2019 AUDIT REPORT FROM DRIVER, ADAMS, SHARPE CPA FIRM

 Here are some of the high points:

 

1.        The city audit received a clean opinion.

2.       Total cash and cash equivalents in the city at the end of 2019 was $10,190,555.  The unreserved general fund cash was $3,568,757.

3.       The net position of the city increased by a total of $1,774,699 in 2019.  $381 ,000 in governmental activities and 1,393,299 in the business-type activities. 


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