Jefferson ends FY2010 in the black

The City of Jefferson finished 2010 in the black, according to the town’s recently released audit.

The city’s General Fund took in $6.7 million on the year and netted $761,000, pushing the city’s reserves up to $3.5 million.

The city’s water and sewer funds ended the year with a $45,900 net on operating revenues of $4.6 million.

The city’s largest general fund department was the police department with expenses of $1.7 million. Parks and recreation spent $1.4 million. City debt service payments totaled $1.2 million in 2010.

Jefferson also had a lot of capital projects in the year with total expenses on the year of $2.8 million.