Sharpsburg has surplus
SHARPSBURG - The town of Sharpsburg ended the last fiscal year with a $29,675 surplus, according to Michael P. Manspeaker of Smith Elliott Kearns & Co.
Manspeaker gave the mayor and Town Council a financial report on Monday night for the fiscal year ending June 30, 1997.
The town's general fund was strong and healthy, he said.
Manspeaker recommended the town close a separate bank account maintained by the tax collector to prevent any improprieties, although no problems had occurred.