Lanark County heard their 2021 audit report from KPMG Wednesday, and it was good signs all around.
The county’s debt saw a steady decrease and the reserves were boosted, which councilor Richard Kidd called a testament to the work council and staff have done over the course of the term.
Part of the reserve boost includes $2.5 million to its contingency reserve and $3 million to social housing.
The county also invested $13 million of the $17.3 million of its surplus into capital projects.
Story by Grant Deme
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