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Red Lick council unsure of municipal funds regulations
Unsure about regulations regarding the co-mingling of municipal funds, the Red Lick City Council agreed Thursday to table a municipal budget change measure.
The measure would have taken $45,550 in unbudgeted funds from the city’s general reserve fund and used $45,350 of it to buy about 4 acres for a possible future city hall, park or ball field. The remaining $200 would be placed in the city’s postage fund. The council decided to consult the city’s accountants before taking unbudgeted funds and putting them in budgeted line items. Council members also moved ... Log-In to view full story or view our Registration Guide. Featured Texarkana Business Directory Articles Featured Texarkana Business Directory Coupons |
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