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Lincoln City auditor issues chilly forecast to council

Posted: Friday, Jan 24th, 2014


Bob Lee, an independent auditor, hailed Lincoln City’s bookkeeping practices but warned city councilors last week that the rosy financial picture could change when the city is handed its bill for outstanding retirement liabilities.


LINCOLN CITY — At first glance, Lincoln City’s finances look firm as a fortress with more than $114.2 million in net assets.

For the complete article see the 01-24-2014 issue.

Click here to purchase an electronic version of the 01-24-2014 paper.


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