NEWS
Mineral values anticipated to drop by 50 percent for 2016 tax year
By BARBARA GREEN
Just two months away from sending out preliminary property values, appraisal districts are preparing their entities for a large decline in its mineral values for the 2016 tax year.
Appraisal district staffers from across the area met on March 8 in Wichita Falls for a program at the Texas Association of Appraisal Districts North Central Texas Chapter.
Kim Haralson, chief appraiser for the Montague County Tax Appraisal District, said the news for mineral values looks bad as projections indicate if everything stays the same from last year to this year, entities will be losing 50 percent of the mineral value on the good properties.
Haralson said she has forwarded to the MCTAD board of directors and jurisdictions information gleaned from this program along with new wording from the Texas Property Tax Code which took effect in January to prepare them for what is coming. Read the full story and read about the short-life lease example 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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