(STURGIS) – The City of Sturgis is doing well financially.
The annual audit presentation was given to the Sturgis City Commission during their meeting last week. Joe Verlin of Gabridge & Company started off by giving the City some very good news. LINKC.
A clean opinion is the highest opinion that can be given.
Verlin also shared that the City’s fund balance is in good shape. LINKD.
Verlin says the total unassigned fund balance for the Sturgis general fund is just over $4 million. That is all funds that are not earmarked. He says if that is divided by the City’s annual general fund expenditures and transfers out, it’s at 36% funding as of September 30, 2024, which is a healthy place to be.
(05-21-2025) Search Of House Locates Drugs
(05-21-2025) Steuben Commissioners Say Yes To Repair Buildings
(05-21-2025) Coldwater Business Damaged In Tuesday Fire
(05-21-2025) Citizens Speak About County Parks To County Commission
(05-21-2025) Auditor Says Sturgis’ Finances Are Doing Well
(05-20-2025) Click It Or Ticket Campaign Starts Today In Michigan
(05-20-2025) MSP Seize Large Amount Of Heroin/Fentanyl
(05-20-2025) Wanted Felon Apprehended After Multiple Pursuits
(05-19-2025) Teen Injured In Middlebury Crash
(05-17-2025) ISP Increasing Patrols Leading Into Memorial Day
(05-17-2025) ISP Fort Wayne Post Welcomes Two Troopers
(05-17-2025) Man Arrested Following Incident In Union City
(05-17-2025) Two People Arrested In Colon
(05-17-2025) Man Convicted On Three Counts Of Criminal Sexual Conduct
(05-16-2025) LaGrange Co. Sheriff Seeking Funds For New Cameras
(05-16-2025) Sturgis BOE Looking At Roles Of The Board And Committees
(05-16-2025) Angola Police Investigating Body Found In Car
(05-15-2025) Over 200 Animals Found In Cass County Home
(05-15-2025) Sentence Given To Sherwood Man Following Incident In Coldwater
(05-15-2025) Justin Wickey Re-appointed To Sturgis City Commission