PORTSMOUTH – The City of Portsmouth’s annual financial audit is highlighted by a water tower project, recently completed in 2020. Hamilton Associates P.C., Council Bluffs, released the city’s audit report April 9. The city’s receipts totaled $1,341,311 for the year ended June 30, 2020, a 530 percent increase over the prior year. Disbursements for the year ended June 30, 2020 totaled $1,478,595, a 608 percent increase over the prior