7 Jan 2023 The city's budget for 2023 consist of $1,959,404 in the General Fund and $3,002,500 in the Utility Fund.
10 Jan 2023 $638k, 33%, of the 2023 General Fund revenue is from contingency or transfer from Utility Fund. This is not sustainable.
$475k, 24% of the revenue is generated by sales tax. $469k, 24%, of the revenue is generated by ad valorem (property) tax. The remaining 19% of the revenue is generated by miscellanious items.
The potential of the top three revenue providers, 81%, increasing at the same rate as the annual costs are highly unlikely. We are in a financial crisis.
March 17,2026
$871,000 Loss
Last year’s loss, next year’s plan.
In the Year End 2025 Financial statements Ranger received $4,248,542 in revenues in the General and Utility Funds. Unfortunately they expended $5,119,710. This left the year ending with a loss of $871,168. The October 14, 2025 Ranger Commissioner Meeting Packet included the financial statement dated October 8 reflects the Year End position of the Ranger's Financials. The report has many anomalies and inconsistencies. The General Fund and Utility Fund Total Revenue is located on page 3. The Total Expenditures of both funds and Total Losses are located on Page 12.
To further address the losses, the Audit dated January 27, 2026 and included in the Commissioner's Meeting of February 9th, paints an even more dire situation. Page 14 reveals a General Fund "Deficiency" of $1,275,950. Page 17 reveals a Utility Fund loss of $156,987. Page 22 states "For the year ended September 30, 2025, General fund revenues were $534,996 under budget and expenditures were $957,211 over budget, resulting in an unfavorable budget variance of $1,492,207 in the General fund’s fund balance from the final budget."
February 8, 2026, I sent an email asking the Mayor to address several issues prior to the auditor presentation. This was to no avail.
Budget reviewed. Performance avoided.
The Financial Performance is never addressed.
In the Month Ending February 2026