City sees good second-quarter finances

South Live Oak is one of several roads on the city’s proposed mill/overlay projects list. The total cost for work on all 17 street segments, which represent just over a mile of roadway, would be $391,000, officials say. MONIQUE BRAND | DISPATCH RECORD
South Live Oak is one of several roads on the city’s proposed mill/overlay projects list. The total cost for work on all 17 street segments, which represent just over a mile of roadway, would be $391,000, officials say. MONIQUE BRAND | DISPATCH RECORD

The Lampasas City Council heard a positive second-quarter financial update and approved future street maintenance projects during a meeting May 9.

In a review of the city’s finances, City Manager Finley deGraffenried said Lampasas is in good shape in both year-to-date revenue and expenditures.

“As a general rule, you want to have collected half your money, and you want to have spent no more than hal…