The Village of Alden received a clean bill of financial health in the 1996-97 annual audit report presented to the board Tuesday night.
"The numbers show the village is in good financial position," said Beth Downing, a representative of the Daniel Tirone accounting firm.
The general fund surplus was within acceptable limits at $563,121, said Ms. Downing, dropping $11,953 from June 1996. Total capital reserves were listed as $494,000.
In April, officials announced a 2.5 percent increase, or 26 cents per $1,000 of assessed valuation on the 1997-98 tax rate. One percent of the increase was attributed to capital projects costs.
In a related matter, grant consultant Jean O'Connell will meet with village officials before the Oct. 27 board meeting to review possible grants available for schedules and proposed projects.
The board also heard a resident of Alden Village Estates express concern about a playground built in the complex over the weekend. Kenneth Eastland of 1488 East Drive said that developers changed the pre-approved location for the playground from a secluded area in the back of the complex to the front. The playground is now 16 feet from his back window and at the edge of busy traffic on Broadway.
"The way they squeal through there you'd swear it was the Indy 500," said Eastland. "I don't want to see some little kid get killed out there."
Officials said that the playground is on private property. However, they will look into whether they can ask that it be moved.
In other business, the board announced:
The new expected completion date for the renovated municipal building is mid to late November.
Completion of water hook-ups on West Main Street and the start of construction for the Crittendon Road sewer extension.
Halloween trick or treating time is set for 6-8 p.m. Oct. 31 in both the town and Village of Alden. There will be extra sheriff's patrols that evening.