County projects $6-million shortfall

A projection from Sweetwater County Treasurer Robb Slaughter indicates a larger budgetary shortfall for the county than originally anticipated.

Speaking to the county commissioners Tuesday, Slaughter said projections based on data for the last six months of mineral production and pricing could mean the county may see a decline of almost $6 million in revenue than last year.

Unlike municipalities, the county receives a majority of its revenue from property taxes and mineral valuations. Slaughter said natural gas values have decreased 43 percent and oil 50 percent during the last year.Other...

 

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