Oct 05, 2015

Grand Isle gas utility fund ran $310,000 deficit, new audit shows | NOLA.com

Grand Isle's gas utility fund ran a $310,000 deficit and failed to move fee revenue for garbage service to the town's general fund, according to an audit released Monday. The gas fund owes $370,338 to the general fund, which pays for the government's day-to-day operations. "If this trend continues, the general fund may experience cash flow problems as it is having to cover the costs of sanitation...

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