Horseshoe Bay hits revenue target despite sales tax decline

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  • Property taxes collections kept the city of Horseshoe Bay in good financial shape, despite the loss in sales tax attributed to COVID-19 restrictions.
    Property taxes collections kept the city of Horseshoe Bay in good financial shape, despite the loss in sales tax attributed to COVID-19 restrictions.
Final fiscal year 2020 budget totals show the city of Horseshoe Bay was able to come in at or under target in nearly every department, even while dealing with the novel coronavirus pandemic, Finance Director Margie Cardenas told the council last month. Cardenas presented her fourth quarter and year-end 2020 fiscal review to the council in November and reported the city took in $9,508,059, or…

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