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.
The jury was seated on Monday and the opening day of testimony Tuesday only lasted four hours, before the panel went into deliberations about 2 p.m.
Two hours later the jury returned a guilty verdict on both charges. Wednesday morning the jury was set to begin discussion on Hall’s punishment at 8:30 a.m. with both sides offering evidence and testimony. Hall faces up to 10 years in prison.
The trial was moved to Denton County on a change of venue requested by Hall in March. After 16th District Judge Sherry Shipman read the verdict, it was reported Hall hung her head in disappointment and was later seen crying and emotional as she left the courtroom.
Members of the Bowie City Council will meet in regular session at 6 p.m. on May 13 in council chambers.
The meeting opens with a proclamation for Emergency Medical Services Week.
City Manager Bert Cunningham will report on recent rainfall problems, Smythe Street sidewalk project and the substation work.
There is only one item of new business an ordinance related to speed limits on specific streets. Public comments and approval of minutes wrap up the agenda.
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