NEWS
Mineral value decline impacts property 2015 values
The slowdown in the energy industry has struck home in Montague County as certified property values, influenced by dropping mineral values, fell for 11 of the 14 taxing entities in the county.
Kim Haralson, chief appraiser for the Montague County Tax Appraisal District, said just as minerals have driven values upward each year during the last five years, their decline is having just as big of an impact. She considers it the biggest factor in determining this year’s values.
For 2015, the price per barrel of oil used to determine mineral values was set at $50 a barrel. The price had not been below $92 since 2011 when the price was $78.35.
Montague County had an overall decline of 4.02 percent for 2015, its first decline in values since 1997. See all the values and read the full story in the mid-week News.
Montague County Commissioners will meet at 9 a.m. on Dec. 23.
The court will consider obligating $276,961.84 of American Rescue Plan funds to completing the new wastewater treatment plant that will serve the courthouse complex. Commissioners have been working on this project much of the year.
Montague County will apply to the Nortex Regional Planning Commission for a solid waste disposal grant to purchase a tire cutter for use by all four precincts.
Developers for Kingdom Estates Phase 2 subdivision will offer a plant for lots 6-10, 16.06 acres located in precinct two.
A cooperative agreement between Texas A&M AgriLife Extension and the county will be presented, along with a non-exclusive license and service agreement between Local Government Solutions and Justices of the Peace one and two.
Annual bonds for seven elected officials will be offered, along with the county attorney’s 2024 Chapter 59 Asset Forfeiture report.
Montague County has received a grant from the Federal Emergency Management Agency to assist individuals with the purchase and installation of a residential storm shelter.
The shelter must be FEMA-approved and individuals must install and pay for the shelter. After installation and passing an inspection, the individual could be eligible for 50% reimbursement of the cost of the storm shelter up to a maximum $3,000 reimbursement.
The initial program allows for financial assistance for the installation of up to 100 storm shelters. Visit the Montague County website at co.montague.tx.us and click on “Safe Room Program,” and under quick links to see the qualifications and requirements for participation in the program.
There is no deadline to apply, but only 100 applicants will be accepted
It’s here, the first day of winter marked by the winter solstice at 4:21 a.m. on Dec. 21.
The winter solstice is the day with the fewest hours of sunlight throughout the year, making it the “shortest day” of the year. Thankfully, after the winter solstice the days begin to grow longer and longer again and until the summer solstice, the first day of summer and the longest day of the year
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