Without rereading the string again, do not know if it was mentioned. Shim Washers on the float valve sometimes seep. A secondary function of them is sealing the float valve.
What I have found is the shiny shims can be a problem, the red shims seem to work the best. You may not be able to get the exact float level with them that you want, better that the float level using the gauge is slightly lower than higher.
Do not use any type of sealer, it only masks the real issue. Sealer (Teflon tape/dope, thread lock, etc.), can break up/dissolve and plug passages and jets. And if you need to take it apart again, sealer can break off/apart and get into the carb.
A secondary method not using the float gauge is to hold the upper part of the carb body upside down so the float seals the float valve. The solder line of the float should be parallel to the surface of where the float bowl would seat to the upper body. Or if you want to use a different setting, take what you have and measure at the float free end solder line and adjust your shims for that measurement. This way you can get close enough without having to repeatedly take the carb on and off the motor like when using a float gauge.
A quick check is to hold the carb upside down and blow into the carb gas inlet hole, exercise the float up and down and see if it seals. The weight of the float gently seating should seal. This may not tell you if you have a seepage issue.
If you have a hand vacuum pump/gauge you can do a better test by leaving vacuum on the gas inlet with the carb upside down. It should hold for a long time. You also can pretest the valve before putting it in the carb. The pumps are inexpensive, the one I got from harbor freight works good.
I and other have had issues with bad fuel shutoffs out of box new. I now buy them from Brattons. They are USA made, 3 year Warranty. I have also heard that Snyders are good, but do not have experience with them.
One of the issues is rust/grit in the gas tank getting into the shutoff, and gouging the seat/ball of the shutoff. I and others run a pencil filter on the inlet to the shutoff to prevent this from happening. It sticks up into the gas tank
https://www.brattons.com/fuel-tank-filter-screen.html