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Town of Washington facing $600,000 deficit

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Posted at 4:06 PM, Aug 16, 2019
and last updated 2019-08-16 17:07:09-04

WASHINGTON, La. - A town operating budget deficit will be addressed at the Washington council meeting Monday.

In March, KATC reported an independent auditor had expressed concern about whether the Town of Washington in St. Landry Parish would be able to continue operating.

That audit found that as of September 17, 2018, the town had past-due liabilities totaling $468,000. Those liabilities include amounts due to various agencies for fines collected - $232,000; lawsuits payable - $49,000; General Fund payables - $118,000; and Utility Fund payables - $69,000. The March audit found that current available assets for the town are estimated at $150,000.

The deficit is now at $600,000, according to Mayor Jim Olivier.

"It took a long time just to find how much we owed and how much we didn't owe," he said.

The meeting will be held August 19 at 7pm.