Cullen Town Appoints Fiscal Administrator; Payroll Tax Debt Confirmed
What happened
CPA Archilles D. Williams was appointed as the fiscal administrator for the town of Cullen. The town's Fiscal Review Committee determined that Cullen lacked sufficient revenue to cover current expenses. The Legislative Auditor's Office confirmed outstanding payables of $332,017, with the total debt estimated closer to $406,000.
From westcentralsbest.com
Why it matters
The appointment of a fiscal administrator grants Williams control over all finances and operations in Cullen. The confirmed debt includes $132,451 owed to the Internal Revenue Service for payroll taxes. Williams is required to report his financial findings to the court and the state attorney general every 90 days.
From westcentralsbest.com
Who's involved
- WilliamsAppointed fiscal administrator for the town of Cullen
- Internal Revenue ServiceRecipient of $132,451 in outstanding payroll tax debt from Cullen
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Internal Revenue ServiceSpeculative
The Internal Revenue Service could see a confirmed, material receivable from the town's outstanding payroll tax debt
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The entities involved
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Williams
cricketer
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Internal Revenue Service
revenue service of the United States federal government