Marble Falls updates finances with 'solid' outlook

  • Bustling sales tax revenue and growth spurred by development has paid off for the city of Marble Falls (pictured here) in its budget projections. File photo
    Bustling sales tax revenue and growth spurred by development has paid off for the city of Marble Falls (pictured here) in its budget projections. File photo
Officials touted a “solid” financial outlook attributed to unprecedented sales tax figures, hotel tax receipts and development while at the same time decreasing the property tax rate, according to an end-of-year financial report presented during the Jan. 18 Marble Falls City Council meeting. Council members received the fiscal year 2020-21 year-end financial report comprised of general fund…

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