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: