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Mineral value decline impacts property 2015 values

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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.

 

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Wreck occurs as afternoon storm kicks off

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Bowie emergency responders went to State Highway 59 and Mac’s Grocery Road after 2 p.m. Tuesday afternoon. It did not appear that anyone was transported by ambulance, but no details were available this afternoon. (News photo by Barbara Green)

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Tornado warning issued

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Montague County under a tornado warning.

Sirens went off in the City of Bowie shortly before 3 p.m. A tornado warning continues in the area of Lake Amon Carter, Fruitland and Sunset, be in your safe spot. A funnel was reportedly wrapped in the rain.

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Early voting for May 2 Nocona General board election ends April 28

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Early voting for the Nocona General Hospital District Board of Directors saw 285 voters cast their ballot during the first week of early voting.
Ballots may be cast early through April 28. Election day is May 2, 7 a.m. to 7 p.m. All voting is in the Nocona City County room at 102 Clay Street.
Candidates include two incumbents, Charles May and Ron Brown. De Brown, who had filed for re-election, later withdrew. Steve Bates and Shawn Patton are the other candidates. Three seats are open on the board.

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