Bill Newkirk of Newkirk and Assoc. of Plano, the City of Sandwich's Auditor

Bill Newkirk of Newkirk and Associates of Plano. ( file photo by James Wyman)

At its regular meeting on Monday, the Sandwich City Council heard from auditor Bill Newkirk of Newkirk and Associates in Plano regarding the 2020 audit of the city's finances.

A number of funds were closed or were rolled into larger funds, and Newkirk said that this was done by the city's accounting firm, Lauterbach and Amen of Naperville.

Newkirk said $99,167 was moved out of smaller funds into the General Fund.

Newkirk told the Sandwich aldermen about a net loss in the Water, Sewer and Garbage Fund.

The City of Sandwich is planning to do a sewer and water rate study some time in the future.

Overall, Newkirk spoke well of the city's finances.

The City of Sandwich is now making a priority list of projects for the next five years before they take a final vote on bonds for the outfitting of the new Public Safety building.

Bill Newkirk audit presentation to the Sandwich City Council: