SHALLOTTE—Isaac Norris, CPA, presented the 2011-2012 fiscal year audit to the Shallotte Board of Aldermen during a pre-agenda meeting on Tuesday, Dec. 4.
For the fiscal year ending June 30, 2012, the town’s general fund revenues for were $4,453,703 for 2012 with expenses at $3,467,751 for a net revenue of $985,952. Revenues for fiscal year 2011 were $4,034,443 and expenses were $3,800,150 with a net revenue of $234,293.