Watts: Logan City in good financial shape

Logan Mayor Randy Watts said 2012 ended with many short term and long term goals having been met and he thanked all the city departments and the city council for helping to keep Logan financially strong.

In his seventh annual State of the City Address, Watts said when he first took office he vowed to do all he could to keep Logan’s finances in good shape.

“The bottom line is to stay on task with the finances of the city,” Watts said. “Every major fund in the city has built responsible reserve balances. The General Fund retains an 18% reserve, the most allowed by law.”

Watts is beginning the last year of his second four-year term. On KVNU’s Crosstalk program Wednesday, Watts was asked if he would be seeking a third term. He said he’s not ruling it out.

“I’m going to give it a few more months to think about really if that’s what I need to do. I know if I do decide to run I’ll give it all the energy I can give it. That’s what I have to decide. I’m not going to move into something that I’m only going to do halfway.”

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