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Fiscal year 19-20 a strong one for Trenton - The Ellsworth American - Vimarsana News

Fiscal year 19-20 a strong one for Trenton - The Ellsworth American

Fiscal year 19-20 a strong one for Trenton TRENTON — The town is in a financially strong position after the 2019-20 fiscal year, according to an audit provided by James Wadman, CPA, of James W. Wadman Certified Public Accountants in Ellsworth. Wadman shared his analysis at a Jan. 26 meeting of the Board of Selectmen. According to the audit, the town’s total ending balance is about $1.9 million, with $784,135 of that in surplus funding.  That figure is about 18 percent of the town’s total expenses. “Being in the 18 percent range is a real, real strong financial position,” Wadman exp...