The town of Fort Frances appears to be pretty strong financially.A draft of the town's audit financial statements presented to town council Monday night shows the town holding down an accumulated surplus of $100,000 at the end of 2012.
Jeff Savage of BDO says much
of that is based on the value of the town's assets.
Money in reserves and investments is also counted towards that surplus.
The town's general operating budget showed a surplus of $8,100.
The town ended 2011 with a surplus of just over $17-thousand in 2011
