News Flash


Posted on: April 3, 2018

Wise County Finances In Order

By Kristen Tribe | Wise County Messenger

Outside auditor Snow Garrett Williams gave Wise County a clean report on its financial audit for fiscal year 2017.

Firm representative Kathy Williams told county commissioners Monday the fund balance at the end of the year was $21.8 million, which included $4.2 million in the general fund, $6.1 million in lateral roads, $5.7 million in capital projects, $2.8 million in debt service and $3.2 million in other governmental funds.

“The unassigned balance at almost $3.9 million was up from the prior year,” she said. “(Auditor) Ann (McCuiston) did some reclassification of funds, and it helped that fund balance come up a little bit.

“It’s about 12.5 percent of your general fund expenditures, and it was 10 percent the year before, so it’s good to start seeing some increase in that.”

The fund balances for each precinct were as follows:

  • Precinct 1 – $258,071
  • Precinct 2 – $365,919
  • Precinct 3 – $249,717
  • Precinct 4 – $975,998

Total county revenues were $44.8 million, while expenditures were $49.1 million.

Property taxes accounted for the largest chunk of revenue at $26.4 million, followed by fees of office at $5.3 million. Sales and other taxes were $3.7 million.

In expenditures, public safety is the largest at $16 million, followed by general government at $6.2 million. Judicial expenditures were $3.8 million.

The county’s net capital assets, which includes land, buildings, improvements, roads, bridges, machinery and equipment, totaled $70.4 million in FY 2017. Major capital asset events during the year included the purchase of an ambulance, vehicles for various departments, a backhoe loader, two tractors, a mower and a wood chipper; completion of the Women’s Building remodel; and improvements to the bridge on County Road 4668.

The county’s outstanding debt was $44.1 million.

View original Wise County Messenger article.

Facebook Twitter Email

Other News in Home



Posted on: February 21, 2019

Texas Economic Indicators

Posted on: January 24, 2019

How Strong is Texas’ Economy?

Posted on: January 11, 2019
BEDCwebsiteImage (1)

Basic Economic Development Course

Posted on: January 7, 2019

Real estate year closes on a high note

Posted on: December 27, 2018

Sales taxes roll in during 2018

Posted on: December 26, 2018

Outlook for the Texas Economy

Posted on: December 18, 2018


Posted on: November 24, 2018


Posted on: November 24, 2018

Getting Rid of Hazardous Materials

Posted on: November 19, 2018

Job Market Increase in Decatur

Posted on: November 9, 2018

Nov. 6th General Election Results

Posted on: November 7, 2018

ELECTION DAY is tomorrow!!

Posted on: November 5, 2018


Posted on: October 30, 2018
Go Big in Texas

Texas earns three No. 1 rankings:

Posted on: October 2, 2018

Texas Enterprise Fund (TEF)

Posted on: October 4, 2018

Upcoming TEDC Webinar

Posted on: October 9, 2018

Early voting in election set to start.

Posted on: October 19, 2018

Sales tax collections continue roll.

Posted on: October 19, 2018

Wise County Unemployment Rate Down

Posted on: October 23, 2018

Home Sales Slow in Wise County

Posted on: October 25, 2018

Proposed Tax Decrease

Posted on: August 14, 2018

Decatur eyes tax cuts

Posted on: August 9, 2018

Texas Produces Urban Employment Uplift

Posted on: August 22, 2018

Get your Taste of Wise Tickets!

Posted on: August 21, 2018

Decatur EDC Marks 25 Years!

Posted on: August 7, 2018

Texas Wins the 2017 Governor's Cup

Posted on: March 27, 2018

Wise County Hiring Event

Posted on: April 9, 2018

10 ways to help the flood victims

Posted on: September 4, 2017

Decatur ISD sets tax rate, approves budget

Posted on: September 8, 2017

5 things to know in Texas energy this week

Posted on: September 12, 2017

United Way kicks off fundraising campaign

Posted on: September 14, 2017

PD Recognizes Local Businesses

Posted on: September 18, 2017

Decatur EDC plans land purchase

Posted on: October 2, 2017

Company donates shoes to storm victims

Posted on: October 3, 2017

Ribbon Cutting for Sands Company Today

Posted on: August 29, 2017

Call 811 before digging

Posted on: August 15, 2017

Wise named Purple Heart County

Posted on: July 17, 2017