NEWS
Bowie ISD anticipates big revenue hit due to mineral values
Bowie Independent School District Trustees had their first look at 2016-17 preliminary budget figures where property values are expected to take nearly a $200 million hit due to the decline in mineral values.
During the district’s first budget workshop on Monday, Chief Financial Officer Jonathan Pastusek said he wanted to give the board “some idea of what they will be looking at” when they begin budget preparations.
For the second year in a row, the district has seen its mineral values drop significantly. Last year it was $80 million alone in Montague County, not including the small portions of the district that extend into Jack and Clay Counties.
The 2015-16 budget was adopted with a $927,069 deficit; however, administrators said the a budget surplus and an additional payment in state revenue would help float the district through the deficit. That may not be the case this year, although Pastusek anticipates a similar deficit for the new budget year.
Superintendent Steven Monkres said while all the figures are preliminary, he agrees a similar deficit is expected in the next school year.
Read the full story in the weekend News.
By BARBARA GREEN
[email protected]
Trustees of the Bowie Independent School District welcomed one new member this week following the Nov. 5 election and accepted the 2023-24 outside audit with no exceptions.
Incumbent Trustee Jacky Betts returned to place one and Angie Christmas took the place two seat. After the board officers were dissolved with the new ones taking the oath, officers were elected. Betts will continue as president, Guy Green as vice president and Kent Dosch as secretary.
Paul Fleming of Edgin, Parkman, Fleming & Fleming, PC, presented the audit telling there were no issues and the process went smoothly. He noted the biggest change was the Legislature compressing the district tax rate and additional changes in the tax law. State aid formula grants increased due to the state’s funding formula compensating for lost property tax revenue due to the law change previously mentioned.
Read the full story in the weekend Bowie News.
By BARBARA GREEN
[email protected]
Information was the watchword for the second hospital/emergency room community meeting Tuesday night, as the steering committee was announced along with additional financial considerations.
About 50 people attended the meeting. Melody Gillespie, who was named chairperson for the committee, said the goal is to gather information to get it out into the community. This group was formed after the Bowie emergency room was closed by Faith Rural Health System in early October just shy of one year of operating in Bowie.
Kylie Ward, one of the public relations volunteers, said, “This committee is not here to force things on you and there are assumptions already we are proposing a tax. We are not, we don’t have that ability, we are just a research team here to explore all the options.”
Other members of the committee include Tiffany Chandler and Damon Benton handling finance and grant research; Jennifer Tellef, secretary; Valerie Tomerson, grant research; Ann Smith, PR and Margin Latham and Gillespie, legislative research. It was pointed out there are other members of the sub-committees who are helping with research, but they also invite anyone interested to help with the process.
Read the full story in the weekend Bowie News.
Top photo – Jack County Judge Keith Umphress spoke at this week’s steering committee meeting. (Photo by Barbara Green)
The following indictments were filed with the 97th District Clerk following the November session of the Montague County Grand Jury.
There were a total of 13 indictments with one sealed awaiting the arrest of a suspect.
A grand jury indictment is not evidence of guilt. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.
Read the full list of indictments in your mid-week Bowie News.
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