By BARBARA GREEN
editor@bowienewsonline.com
Montague County’s tax reimbursement bill connected with the statewide compressor lawsuit has finally arrived with the commissioner’s court approving a payment of $407,966.69 during its Monday meeting.
Entities connected with the case across the state have been waiting to know the final judgement amount for almost a year. It was a big topic during budget preparations for the county and several school districts last summer.
The lawsuit titled EXLP Leasing LLC et. al. v. Galveston Central Appraisal District was heard in October 2017 with the judgement rendered in March 2018.
The court ruling stemmed from a 2011 decision by the Texas Legislature or reclassify compressors as “heavy equipment” under the tax code. This change required that heavy equipment be taxed at the location of its leasing company rather than the actual location of the equipment. Read the full story in the mid-week Bowie News.