By BARBARA GREEN
Facing a revenue shortfall of $110,572 and in an effort to keep the tax rate at the effective rate of .5097 cents the Montague County Commissioners began talking staff cuts in Monday’s budget workshop.
The certified property values arrived late last week and as expected the county values took a big hit dropping 15.27 percent from the 2015 values. While real property roses slightly, mineral values fell by 33.29 percent.
As the workshop opened, County Judge Rick Lewis said while they are still crunching the figures based on the values the revenue shortfall is projected at $110,572. That amount will have to be cut from the proposed budget if the county wants to move forward with a balanced budget.
The court did get some good news last week when the Texas Association of Counties, which provides health insurance reported only a two percent increase in the premiums for the new year. Montague County also learned it will be grandfathered in based on the type of plan it maintains which will provide about a $67,000 rebate.
Read the full story in the mid-week News.