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Lebanon City Council Recap- November 2022

Apps 5 Mins Read

Mayor Capello also said that according to the audit, the City’s net position between year-end 2020 and year-end 2021 decreased from 11.6 to 6.6. For reference, the government’s net position is determined by the difference between an entity’s assets plus deferred outflows of resources and its liabilities plus differed inflows of resources.