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NETEX budget proposed for 2020, future of district questioned

The 2019-20 fiscal year’s proposed budget for the Northeast Texas Rural Rail Transportation District (NETEX) calls for a deficit of $225,866.76

of expenses over income leaving some board members to question the future viability of the district and its rail line during their meeting September 5. For more details about the district’s budget and discussion during the meeting, see the September 12 edition of the Mount Vernon Optic-Herald.