City of Kimball budget improving, auditor says

The Kimball City Council reviewed the 2013-2014 city budget during their regularly scheduled meeting on Tuesday, April 21.

Terry Galloway, of Almquist, Maltzahn, Galloway & Luth, CPA, presented the budget to council via telephone and outlined several positive aspects of the budget, but also defined a few areas for concern.

There are losses in several funds for operating revenue, including the electric, water and sewer funds – a trend which points to the need for a rate study.

“That’s why we need a rate study,” Galloway said. “All of those should be a positive 15 percent return.”...