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Golden Satellite Nirmal Singh
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VOLUME 124 ISSUE 19 $1.35
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Dance Dance Dance
Remembering a Golden golf pioneer ....................................5
■ COMMUNITY:
The World’s Biggest Paddle ....................................9
■ ARTS & CULTURE:
Little India coming to Golden ..................................15
■ SPORTS:
Larisa Johnson, left, and Tawni Kwiatek, along with Jaime Knowles and Emma Robinson (not pictured) open up the Golden Dance Academy’s annual show Dance Dance Dance with a jazz routine on Friday May 2. See more pictures on page 9. Jessica Schwitek/Star Photo
Financial audits show improvement in Town books Alpine Rafting celebrates 30 years....................23
Jessica Schwitek editor@thegoldenstar.net The Town of Golden has gone through its annual financial audit, and senior auditor David Adams has some positive news to deliver to council. "Every major indicator has improved over the last three years in Golden," said Adams during a
presentation to council last week. "A lot of that is due to prudent financial management." Two years ago, the net debt for the municipality was around $1.5 million, and now it is down to about $100,000 says Adams. Not only that, but the Town's assets have also increased, and now amount to $6.1 million, most of which is made up of cash.
The largest liability the Town has at the moment is long term debt, currently totaling just over $3 million. The payment schedule has the municipality paying off that debt up until 2029. Members of council will be going over the audit statements in more detail at the next Standing Committee on Finance meeting with Chief Financial Officer Lisa Vass.
Join us in Golden B.C. as we celebrate our Swiss-Canadian heritage. Commemorating over 100 years
MAY 17-18, 2014 Many Thanks to our Sponsors:
GOLDEN, B.C.
of Swiss Guides In Golden.
Swiss themed entertainment and fun for all ages.
For a full schedule of events visit:
www.tourismgolden.com/Festival