Groundwater district directors approve budget with lower tax rate
August 16, 2013, 11:00 am by James Walker
The proposed budget calls for the groundwater district to spend $706,100, including $238,500 to be transferred from its reserve fund.
The reserve fund monies are scheduled to go toward payment for mostly science and geology projects intended to provide greater understanding of the amount and quality of groundwater in the county.
The directors adopted a tax rate of $.0098, down from FY 20013’s $.0099.
The tax rate means property owners would pay $9.80 per $100,000 valuation.
The budget could change before final approval at the director’s Sept. 13 meeting, but groundwater district general manager Charles Shell said the likelihood of significant change is minimal.
The start of FY 20014 is Oct. 1.
For the complete story, see Tuesday’s Highlander and Wednesday’s Burnet Bulletin.
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