Numbers don't lie and a recent audit says Bruderheim is doing well.
Phil Dirks with Metrix Group gave the latest audit details to council at the Wednesday (Apr.4) meeting.
The presentation included figures from 2016-17. The town brought in roughly $2.7 million in revenue.
“It would be wonderful if we lived in a world where we had zero debt and loads of money in the bank and everything was rosy, but for our community based on the information presented, we’re looking in pretty good shape,” said Bruderheim mayor Karl Hauch.
Bruderheim sits with a $1.5 million debt and have an operating surplus of over $178,000 that will be placed in reserves.
Figures presented by Dirks in comparison to other municipalities in Alberta of Bruderheim’s size suggest the town is right in the middle when it comes to taxes and debt load.
“So we’re comfortable with the numbers presented and it’s good to see we get a clean bill of health where our finances are at from the auditor,” added Hauch.
Dirks believes the town is on the right track when it comes to their debt limit and where they are at with their taxes.
“We have challenges trying to get in line with what other communities have as far as how much tax money we get from business in our community to help offload some of the load from our residents,” said Hauch. “We have plans and we’re working on them and they will bear fruit in the future, so we’re looking forward to that bright future.”