NEWS
Deadline nears for SBA disaster loans from flooding, tornado damage
Director Tanya N. Garfield of the U.S. Small Business Administration’s Disaster Field Operations Center-West today reminded Texas businesses and residents of the Aug. 24, 2020, deadline to apply for an SBA federal disaster loan for property damage caused by severe storms, flooding and tornado in Montague County that occurred May 22, 2020.
According to Garfield, businesses of all sizes, most private nonprofit organizations, homeowners and renters may apply for SBA federal disaster loans to repair or replace disaster-damaged property. SBA can also lend additional funds to help with the cost of improvements to protect, prevent or minimize the same type of disaster damage from occurring in the future.
These low-interest federal disaster loans are available in Clay, Cooke, Jack, Montague and Wise counties in Texas; and Jefferson and Love counties in Oklahoma.
Businesses of all sizes and private nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets.
In addition, SBA offers Economic Injury Disaster Loans to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of any size to help meet working capital needs caused by the disaster. Economic injury assistance is available regardless of whether the business suffered any property damage. The deadline to apply for an SBA economic injury disaster loan is March 23, 2021.
Disaster loans up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for up to $40,000 to repair or replace damaged or destroyed personal property.
Interest rates can be as low as 3 percent for businesses, 2.75 percent for private nonprofit organizations and 1.25 percent for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each applicant’s financial condition.
Applicants may apply online, receive additional disaster assistance information and download applications at https://disasterloanassistance.sba.gov/. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. Individuals who are deaf or hard of hearing may call (800) 877-8339. Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
Members of the Bowie City Council will meet at 6 p.m. on Aug. 25 to finalize the budget and conduct a public hearing on a proposed tax rate.
The ordinances adopting both the 2026-27 budget and the 2026 tax rate are on the agenda for action. The public hearing on the tax rate presents a rate of .5750 cents per $100 in property value, which is slightly higher than the 2025 rate that is .5430.
The new rate is projected to generate $2,990,998, compared to $2,703,176 from last year’s rate. This is the first significant change in the rate since 2019, when it was .5445 cents. The next year it went to .5447 cents, where it stayed until 2023, when it went to .5430 cents, through 2025.
A bid will be awarded for the Rock and Pillar Street drainage project. Wall Contractors will be recommended by the city engineer and staff review. The bid came in about $1.3 million, which was lower than the estimated $2 million. It is expected to straighten the channel and get this intersection reopened for traffic after more than a year of closure to collapse of a portion of the pavement on the street.
The council will consider stop signs regulating traffic flow around the Kingdom Ridge Subdivision next to the elementary school.
In the city manager’s report Bert Cunningham will provide information on the hazard mitigation plan, the 2025-26 audit preparation and the bid for the Rock and Pillar project.
Montague County Commissioners will adopt a budget and tax rate when they meet at on Aug. 24 in the courthouse annex.
The budget hearing will be at 8:30 a.m. Aug. 24, followed by a public hearing for the proposed tax rate at 8:45 a.m.
During the regular meeting at 9 a.m., there will be one final budget workshop for any last minute tweaks or changes, followed by adoption of the 2026-27 budget and 2026 tax rate.
The proposed tax rate is .4961 cents per $100 in property value, which is the same rate as 2025. Due to the increase in property values despite the same rate, the total tax levy on all properties will see a 3.64% increase.
A copy of the proposed budget is available on the county website at https://www.co.montague.tx.us/.
Several other financial related items are on the agenda. Accumulated comp time in the sheriff office and jail will be discussed. The commissioners also will consider any year-end expenditures utilizing any or the budget year contingency funds.
Other items on the agenda will include: Acceptance of the District Attorney’s 2023- 2024 and 2025 Chapter 59 asset forfeiture reports and authorize DA Katie Boggeman to sign them; imposition of optional fees from the Texas Department of Motor Vehicles for 2027; House Bill 3834 cybersecurity and AI training certification for state and local governments compliance reports; interlocal cooperation agreement between the Department of Public Safety and the county court and district court; review the sherif office application for sheriff immigration law enforcement grant program Senate Bill 8; consider distribution of state grant HB 3000; and consider using Real Estate Station LLC Agent Denise Thurman to sell 5.9 acres on the corner of U.S. 81 and State Highway 59.
It should be no surprise, the month of July is recorded as the hottest month on record for the country.
July wrapped up with seven straight days of 100 degrees or higher July 25-31. August also opened hot with the first 100-plus degree day on Aug. 3 and it has topped that marked through Aug. 19. On Tuesday the high was 107 degrees at the water plant, but in town thermometers recorded 108 and 109 degrees.It was expected to top that mark on Wednesday.
There was no rainfall recorded in July or in August. Bowie has only 21.71 inches for the year so far and Nocona has 22.35 inches.
Lake Amon Carter
Aug. 19 –
917.22 msl, 80.2% full
July 19 – 918.10 msl, 86.1%
Aug. 19, 2025 – 919.84 msl, 98.8% full
Lake is full at 920msl
Lake Nocona
Aug. 19 – 823.48 msl, 76.3% full
July 19 – 824.41 msl, 81.05%
Aug. 19, 2025 – 826.878 msl, 95.85%
Lake full at 827.5msl
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