ROCHESTER, Minn. (FOX 47) – The City of Rochester’s finances reflect a growing community.
That’s the overall message from the city’s annual independent audit of its 2018 financial statements.
City council members reviewed the results Monday at its weekly study session.
Among the findings: The Airport Operations fund continues to make a comeback after being in a deficit through 2013.
This is partly attributed to increased flights and airlines at the airport.
Meanwhile, transit funds from outside sources continue to increase, with some of the extra money to be spent on new buses.
However, some recreation services are at a deficit, including golf operations and park maintenance.
That’s due to the low cost for things like greens fees.. along with recent capital improvements to those facilities.