The Mauston City Council was presented the City’s 2012 Audit review Tuesday night by a representative from Certified Public Accountants Johnson Block and Company. The auditors gave the City an unmodified or good opinion of its finances. The recommendations for improvement remain mostly the same from year to year, that is there is a lack of segregation of duties because of a small City staff. And the City’s depositories should be divided among banks to maintain insurance coverage. In the eight years from 2005 to 2012, the non-TIF tax levy has increased approximately 24-percent, from 1.3-million in 2005 to 1.6-million in 2012. During the same period, the City’s equalized property values have increased approximately 9-percent, from 188-million in 2005 to almost 205-million last year. Like other Wisconsin cities the size of Mauston, the City has experienced a decline in its equalized values since 2009 as a result of the economic downturn. The City of Mauston lost $100,000 in shared revenue in 2012. The combined Police Department and Fire Department’s budget of 1.2-million has remained relatively flat for the past five years. In 2008 it was 22-percent of the City’s budget; in 2012 the public safety expenditures were 16-percent of the City’s total budget.
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