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.
After a year of renovations Nelson Street at Mill was reopened today to traffic. Nearly $3 million in repairs were made to this area to repair major drainage issues. A Bowie police vehicle came along and was the first vehicle to roll through after city staff and council members removed the barricades. (Photo by Barbara Green)
Lake Amon G. Carter has now (Thursday, Nov. 14) re-opened for boating. Selma Parkremains closed due to electric problems caused by high water. Water levels remain above normal and boaters should be cautious of possible debris.
The lake was closed on Nov. 8 after heavy rainfall and a rising lake level. It is considered full at 920 mean sea level and through the weekend it was topped more than 922 msl.
Bowie High School staff and students welcomed veterans for their annual tribute and breakfast on Veterans Day. Members of the FFA, Kyle Keeler and Rylan Cole folded the American flag as each fold was explained during the ceremony.
-
NEWS2 years ago2 hurt, 1 jailed after shooting incident north of Nocona
-
NEWS1 year agoSuspect indicted, jailed in Tia Hutson murder
-
NEWS2 years agoSO investigating possible murder/suicide
-
NEWS2 years agoWreck takes the life of BHS teen, 16
-
NEWS1 year agoMurder unsolved – 1 year later Tia Hutson’s family angry, frustrated with no arrest
-
NEWS2 years ago
Sheriff’s office called out to infant’s death
-
NEWS2 years agoBowie Police face three-hour standoff after possible domestic fight
-
NEWS2 years ago
Driver stopped by a man running into the street, robbed at knifepoint