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.
A BOIL WATER NOTICE remains in effect for City of Bowie, TX water customers along Highway 81 from Parker Road to Old Bowie Lake. Affected customers should use bottled or boiled water for drinking, cooking, or brushing teeth. Results of water testing should be available shortly after noon today. If the testing is good, the BOIL WATER NOTICE may be lifted shortly thereafter
A boil water order was implemented Monday afternoon for the area served at U.S. Highway 81 from Parker Drive to Old Bowie Lake as water line repairs were made. The order remains in place today. If you are affected by this order and need bottled water call 940-977-4941.
City of Bowie officials report Montague County, TX will be under an ELEVATED FIRE THREAT today. Please be careful. Hear Audio Alert:https://hrpow.us/H9U9gWU
A heat advisory also continues until 8 p.m. tonight. Remember to check on pets and older neighbors. Stay safe.
Photo of a previous grass fire, Bowie News file photo.
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