Council approves using Local Option Sales Tax revenue to catch up back payments for gas, water and sewer
The Century Council Tuesday night approved the use of more than $219,000 from Local Option Sale Tax (LOST) funds to catch up on payments, one three years behind, after a recent meeting with the town auditors, to respond to the Escambia County (Fla.) grand jury's findings last summer.
Century CPA Robert Hudson met with Warren Averitt Audit Services representatives and others regarding the audit for the town of Century last week to discuss the audit findings.
Hudson said they discussed the best ways to utilize any infrastructure money.
“For the relocation of the gas line, we borrowed $498,...