Edward Mui News Today

SEMINOLE — The city of Seminole is in good financial condition, and its coffers are ample, council members learned April 13. The city of Seminole has “maintained a very sound financial condition,” auditor Peter Schatzel said in presenting the annual audit for the year ending in September 2020. With a balance of $7.6 million in the general fund, Schatzel said Seminole had a reserve of about five months, which he termed “a very reasonable amount.” That includes a capital ...

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