City of Rusk Responds to Notice from the Office of the Attorney General
The City of Rusk has received notice from the Texas Office of the Attorney General regarding the City’s compliance with Local Government Code Chapter 103 and related requirements for fiscal year 2025.
The City understands that, based on the Office of the Attorney General’s determination, the City has been found not to have complied with the audit and financial statement requirements applicable under state law and is therefore subject to the enforcement provisions set out in Local Government Code § 103.005(c).
The City has been diligently working to resolve the issue and recently completed its 2024 audit. The City remains committed to transparency, fiscal responsibility, and full compliance with Texas law.
Under the applicable statute, the City may not adopt an ad valorem tax rate that exceeds its no-new-revenue tax rate until compliance is achieved. The City intends to be in compliance as soon as possible.
The City will continue working diligently to address this matter
The City understands that, based on the Office of the Attorney General’s determination, the City has been found not to have complied with the audit and financial statement requirements applicable under state law and is therefore subject to the enforcement provisions set out in Local Government Code § 103.005(c).
The City has been diligently working to resolve the issue and recently completed its 2024 audit. The City remains committed to transparency, fiscal responsibility, and full compliance with Texas law.
Under the applicable statute, the City may not adopt an ad valorem tax rate that exceeds its no-new-revenue tax rate until compliance is achieved. The City intends to be in compliance as soon as possible.
The City will continue working diligently to address this matter
A healthy Cherokee County requires great community news.
Please support The Cherokeean Herald by subscribing today!
Please support The Cherokeean Herald by subscribing today!
Loading...