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TOWN RECEIVES POOR GRADES FROM INDEPENDENT AUDIT
At the February town council meeting, independent auditors had reported significant deficiencies within the financial operations of both town hall, school department and the water commision.
According to the auditors findings, the town of Lincoln's combined long term and other indebtedness has reached over $53 MILLION.
In addition, the town has significant unfunded liabilities within the town's pension funds.
Read both reports exclusively on our web site here (management letter) and here (audit).
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