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Lavonia46 current matters in the research directory

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IssueLavoniaunder consideration

Lavonia audit reports reallocation of Bank of America debt tied to capital improvement project

The city's annual financial report shows debt and fund balance changes linked to a city-wide capital improvement project financed through Bank of America…

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Latest
December 31, 2025: Bank of America debt financing for City-wide capital improvement project (reallocated between governmental and business-type activities)
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IssueLavoniaunder consideration

Lavonia's FY2025 audit shows a $394,943 drop in net position

The city's annual financial report shows spending outpaced revenue for the year, though the city still holds about $23.6 million more in assets than liabilities.

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Latest
December 31, 2025: FY2025 Annual Financial Report and independent auditor's opinion for the City of Lavonia
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