HomeBreaking NewsBelize Citco Finally Completes Audit for 2022, 2023 Financials

Belize Citco Finally Completes Audit for 2022, 2023 Financials

Belize Citco Finally Completes Audit for 2022, 2023 Financials

The Belize City Council has wrapped up its audits for 2022 and 2023. Mayor Wagner announced that the council’s website will soon be updated with the audited financials. He also shared some insights into what the audits revealed.

 

Bernard Wagner

                   Bernard Wagner

Bernard Wagner, Mayor, Belize City

“Very soon. We had that audit completed a week ago. So we have the 2022 and 2023 on that website. I just have to get the caucus to approve it and PR team will do the rest. I just looked at it last night. Clearly it shows you had your struggles in 2021, coming out of COVID and Lisa, but it showed pretty quickly by 2022 you had a net loss of five hundred sixty-five thousand. But in 2023 you had an operating surplus of one point six million. So clearly, we have turned that curve and I am anticipating that the 2024 figures will be even better. I see where our property taxes, trade license, liquor license and traffic fees all increased from 2022 to 2023. I am very hopeful that the trend continues.”

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