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.
Mill St. between Wise St. & Tarrant St. is closed due to sewer repairs. Work should take 2-3 hours.
Please plan accordingly.
Members of the Bowie City Council will meet at 6 p.m. on April 8 in the council for its only meeting for the month.
The city manager’s report opens the meeting as he discusses the bid openings for the sewer line replacement project phase two and the North Smythe Street sidewalk reconstruction.
There is only one old item of business, the second reading of the ordinance amending water rates. The average residential customer using 2,000 to 3,000 gallons of water per month will see an increase of $5 to $7.50 based on usage. This is the first water rate increase since 2018.
There are multiple items of new business. The 2023-24 outside audit will be presented by the staff of Mathis, West and Huffines. Four replat requests will be offered through the planning and zoning recommendations.
Base bid amounts for the sewer line replacement project phase two and the Smythe Street sidewalk project also will be reviewed. For the sewer project the base bid is $1,558,103.30. For the sidewalk it is $327,860.66. The sewer work is funded through a loan to the city from the Texas Development Board and the sidewalk through a Downtown Community Development grant program with the city having a matching portion.
The final item before public comments are two ordinance amending the mobile food vendors rules and permits.
After a successful multi-part workshop series last year, the Bowie Business Boost returns with a two-part workshop to take your business to the next level of effectiveness and profitability.
Attend this “AI Made Simple Workshop: Conquer the Tech Chaos and Win Fast” planned for April 24 and May 8. These will be breakfast programs from 7:30 to 10 a.m. The program will be from 8 to 9:30 a.m. with questions and answers to follow. Breakfast will be served 7:30 to 8 a.m.
The programs will be at the Bowie Community Center-west hall. Registration is $20 which includes both sessions. Registration is transferable. Register at accelerationbydesign.com/event-details/bowiebusinessboost25.
Read the full story in the Thursday Bowie News.
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