Statham in the red again

For the fourth year in a row, Statham was in the red last year according to its annual audit. The town had General Fund revenues of $1.062 million and expenses of $1.393 million. To keep from running out of money, the town transferred $63,000 from its waste fund into its General Fund, which at the end of the year had balance of $95,200 in reserves including the transfer.
For the full story, see the Jan. 16 issue of the Barrow Journal.