The city of Deadwood received a transfer of $531,337.86 from the Days of ’76 Museum board last week, reports the Black Hills Pioneer. The funds are holdovers from previous expenditures made between 2006 and 2012, during the construction of the museum.
The Days of ’76 Museum is a city property and City Finance Officer Mary Jo Nelson says that the funds had been kept in a separate account by the museum board to keep track of spending during construction. The transfer will effectively increase the value of the museum property by the exact amount of the transfer. Nelson said that this transfer is only a clearing up of an accounting issue that should have occurred back in 2012.
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