Burns: Money earns interest, keeps county from levying taxes
POSTED: Thursday, June 28, 2012 - 6:00pm
UPDATED: Thursday, June 28, 2012 - 6:14pm
Panola County Commissioners met Monday morning in a regular meeting and heard the annual audit report and was told the audit shows the county has, “good, strong fiscal management.”
The court was also told that $865,000 more was collected in revenue than expected, and the county was $1.2 million under budget. Those funds together allowed $1.5 million to be added to the fund budget.
Commissioner John Gradberg, Precinct #2, said he was surprised to hear about the surplus.
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