Fiscal Year 2012 en Lexington Ends Fiscal Year "In The Black" <p>LEXINGTON, Ky. – An audit from the city’s financial department revealed Tuesday that Lexington closed the books on fiscal year 2012 with a 3.3 million dollar surplus.</p><p></p><p>The Herald Leader reports that Director of Revenue Bill O’Mara told members of the Urban County Council the city overcame a projected $27M deficit with higher than expected revenues (taking in $9M more than counted on through city payroll taxes, and a net-profit tax on business), as well as tight control over expenses.</p> Wed, 28 Nov 2012 14:39:17 +0000 Alan Lytle 24041 at Lexington Ends Fiscal Year "In The Black"