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State auditor releases 2011 Town Finances Report

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State Auditor Rebecca Otto has released the Minnesota Town Finances Report, a comprehensive report on revenues, expenditures and debt. The report analyzes town financial operations for the calendar year ended December 31, 2011.

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In 2011, there were 1,785 towns compared to 854 cities and 87 counties. The 2011 population estimates from the state demographer show that 924,158 individuals reside in towns, representing about 17.5 percent of the state population.

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