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Council keeps $67,941.90 surplus-sale proceeds in general fund amid upcoming expenses
Summary
Quitman officials discussed $67,941.90 in proceeds from surplus sales and, citing unplanned expenses including code-enforcement cleanups and a larger audit estimate tied to federal funds, voted to retain the money in the general fund rather than transfer it to the parks fund.
Council reviewed the final tally of surplus sale receipts — $67,941.90 — and discussed options for where to place the funds. The mayor and council members said upcoming unplanned expenses, including potential payouts related to a retired employee and costs connected to expanded code-enforcement activity, argued for keeping the proceeds in the general fund.
The council also learned that the town’s audit cost estimate had increased because staff identified over $750,000 in federal funding for FY 2023–24, triggering additional single-audit requirements. Given that and near-term expenses, the council voted by voice to retain the surplus sale proceeds in the general fund and consider reallocating funds later in the year if budget conditions improve.
