All's quiet at city tax hearing
No one protests proposed rate; 2nd meeting Thurs.
From Staff Reports
August 25, 2008 - There's been little or no opposition to the proposed property tax rate for the city of Sulphur Springs, a fact borne out at a public hearing on the issue at noon today.
The special meeting of the Sulphur Springs City council, held at noon at City Hall, lasted about two minutes, with no one offering an opinion pro or con on the proposed rate.
When the meeting officially began at 12:05 p.m., only two city employees and one member of the press corps were in the audience.
At 12:07 p.m., Mayor Pro Tem Gary Spraggins, manning the gavel in the absence of Mayor Oscar Aguilar, who was unable to attend, posed the final call for comment.
"Does anybody wish to speak on this??If not, I declare a close to this public hearing."
Seconds later, the meeting adjourned.
The city's tax rate is expected to remain the same as in fiscal year 2008, which was set at 44 cents per $100 of property value.
The city should see more revenue from the same property tax, however, due to increaes in property valuations this year by the Hopkins County Tax Appraisal District.
Peter Karstens, financial director for the city of Sulphur Springs, said the town's treasury should see a property tax revenue increase of about 4.5 percent due to the rising commercial and residential property values.
The financial director also said the increase in revenue will still keep the property tax level below the rollback rate.