Investment loss reflected in Superior audit
The $1.4 million investment loss is a loss on paper only, unless the city needed to withdraw the CDs before they reach maturity, said finance director Nick Rhinehart.
Source: superiortelegram.com
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City Council recap; financial report released
The City Council approved the 2021 financial audit at their July 26 meeting. The audit reported an increase in government and business funds for the fiscal year.
Source: riverfallsjournal.com