The Town of Johnstown has received a finalized financial audit report of their local YMCA, one which raises concerns of how and where money was spent by the organization. The YMCA of Johnstown was built and paid for with cash from sales taxes in Johnstown. However, the town contracted with the "Y" to staff and upkeep the facility through 2031.
The town agreed to pay the YMCA up to $500,000 a year to offset any costs not covered by memberships. However, the amount in which the YMCA has been requesting of the town has continued to grow, according to council members, leading to questions about the money flow around the Johnstown Y.
CBS News Colorado obtained a copy of the financial audit, which was later presented to the community at a town hall meeting on Monday evening. The document unvei

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