Audit: Amsterdam’s fund balance deficits total $5.16M

Amsterdam officials need to draft a plan to pay back more than $ 5 million of deficits across fund balances, which have accumulated over several years. EFPR Group completed last week its independent audits of Amsterdam's financial statements and federal funds the city received and spent for the 2015-16 fiscal year, along with Mayor Michael Villa's Corrective Action Plan to rectify identified deficiencies.

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