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Clarification sought on spending
The Ferriday Town Council agreed during a special meeting Tuesday night to ask the Legislative Auditor to clear up two issues -- one involving a $300,000 certificate of deposit (CD) and the other scrap metal.
The Council approved alderwoman Gloria Lloyd's motion to write the Legislative Auditor for clarification. The funds came from Wal-Mart to offset loss sales taxes when the corporation left Ferriday.
The CD now totals $120,000.
McGlothin said some of the money from Wal-Mart was used for the water plant, sewer plant and other emergencies dealing with the water.
Lloyd, however, said the funds were not supposed to be touched.
(For complete story subscribe to The Concordia Sentinel 318-757-3646.) |
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