NEWS
City accepts 2018-19 audit; receives BEDC update
By BARBARA GREEN
editor@bowienewsonline.com
The City of Bowie accepted an unqualified audit for its fiscal year 2018-19 during this week’s meeting, along with hearing a report on economic development activities during the past six months.
Council members met in chambers, while those presenting took part in the video teleconference. Valerie Halverson of Mathis, West, Huffines of Wichita Falls, presented the audit reporting touching on the highlights and answering questions.
The assets of the city exceeded its liabilities at the close of the fiscal year by $29,603,103 (net position). Of this amount, $8,006,655 (unrestricted net position) may be used to meet the city’s obligations.
The city’s total revenues were $17,631,005. The large portion of revenue comes from charges for services at 78 percent. Sales, property and franchise taxes make up six, nine and four percent of total revenues. Grants and contributions and other minor categories make up the remaining three percent.
Read the full story along with the Bowie Economic Development activity report in the weekend Bowie News.
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.
By BARBARA GREEN
editor@bowienewsonline.com
While the budget was the primary topics for the Montague County Commissioners on Aug. 10, there were several other topics handled by the court.
Tax Assessor Collector Kathy Phillips presented the certification of value and rates for the 2026 taxes. The certified net values are $3,017,685,102 with rolling railroad stock at $15,954,716.
The county’s total taxable value is $3,033,639,818. Total appraised is $7,930,674,437, total assessed at $3,629,932,719 and total taxable value of new property at $93,632,505.
Read the full story in the Thursday Bowie News.
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