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.
Members of the Bowie Independent School District Board of Trustees will meet at 5:30 p.m. on June 16.
The big item on the agenda is the review of superintendent candidate applications and consider possible interview choice. Superintendent Blake Enlow resigned on May 23 and Assistant Superintendent Lee Ann Farris has been serving as the interim.
That item will be in executive session along with professional educator contracts that need to be considered.
On the regular agenda Farris will update the board on education bills passed by the 89th Texas Legislature and their budget impacts, as well as discipline impacts. A budget workshop will be considered. She also will provide information on state assessment and board goals.
Campus administrators and directors will provide updates, along with the finance director.
In action items the board will review Texas Association of School Board update 124, consider changes to the 12-month and 11 employee dates and consider the purchase of a new band trailer not to exceed $80,000.
Due to the June 19 Juneteenth federal holiday the U.S. Post Office will be closed, which moves then Thursday Bowie News to a delivery date on Friday. It will be available in the stores at its regular time.
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