After a year of changes within city hall, auditors reported that the city of Owenton is in good financial shape.
During the Dec. 1 Owenton City Council meeting, Dennis Raisor of Raisor, Zapp and Woods, P.S.C. reported a decrease of liabilities and an increase in those paying their property and franchise taxes.
Raisor said although many cities are facing financial difficulties, Owenton has stayed steady.
“In a year of downturns, Owenton has really held its own,” Raisor said.