October 21, 2011
Star Valley bar graph
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Despite recession, Star Valley banks $3M
Despite the recession, Star Valley has managed to bank nearly $3 million in cash reserves in just six years. Town staff credits smart spending and a trim budget for the positive balance sheet. “Though we have been dealing with decreases in state shared revenue, we have still been able to increase a monthly surplus due to good management, wise purchasing and spending habits,” said Chancy Nutt, finance administrator.
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