Feb 28, 2014
City of Alice budget surplus helps growth
ALICE, JIM WELLS COUNTY - The city’s bank account continued growing during 2013, and officials plan to keep investing in infrastructure and bringing a variety of jobs while momentum from...
ALICE, JIM WELLS COUNTY – The city’s bank account continued growing during 2013, and officials plan to keep investing in infrastructure and bringing a variety of jobs while momentum from the oil boom lasts.
Alice had a $4.1 million budget surplus and brought in more than $15 million in sales taxes during 2013. City debt fell nearly 14 percent during the last three years.
Since 2008, the city has spent about $38 million on infrastructure, including more than $13 million to repair streets. Alice’s biggest asset is that it’s a hub city with nearby SH 44 and US 281.
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