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Gunter Council adopts fiscal-year budget despite $1.9 million sales-tax repayment and one dissenting vote
Summary
The Gunter City Council adopted the proposed general-fund budget after a public presentation and one public comment. Council members cited an eight-year repayment plan for roughly $1.9 million in sales tax the state said was collected in error, and warned the shortfall will strain streets and service budgets.
GUNTER, Texas — The Gunter City Council approved the city’s proposed budget at a special meeting, adopting a balanced general-fund plan after a lengthy presentation and discussion about a roughly $1.9 million sales-tax repayment the city must amortize over eight years.
The council approved the budget in a roll-call vote after the public hearing; Cindy Davis moved adoption and Wade Burtsville seconded. Cindy Davis, Allen Richards, Dave Self and Wade Burtsville voted yes. Council member William Stevens cast the lone no vote.
The vote came after the mayor (unnamed) and staff walked council members through fund accounting, debt obligations and department-level changes. Presenters said the general-fund beginning balance is $1,346,000 and that projected revenues and expenditures each total about $2,800,000, leaving a roughly $3,267 difference before department adjustments. Staff explained the county provides the tax-rate worksheet (Form 50856) used to calculate debt and maintenance-and-operations components of the levy.
Why it matters: council members and staff said the most…
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