Texarkana Gazette

County to borrow $2M for upgrades, raise property tax

Tax note will fund new fleet of police cars, various equipment; money to be repaid in 4 years

- By Greg Bischof

NEW BOSTON, Texas—The Bowie County Commission­ers Court agreed Monday to borrow $2 million to pay for much-needed transporta­tion and equipment.

Commission­ers agreed to issue a $2 million tax note, bought up by the First State Bank of DeKalb, which the county agrees to pay back over a four-year period, Bowie County Auditor William Tye said.

“The Fist State Bank of DeKalb has agreed to buy the note,” Tye told commission­ers and those in the public who attended the court’s final meeting of the month. “The county agrees to pay off $500,000 a year for the next four years to the bank—plus interest.”

Items the county is seeking to purchase include a fleet of police intercept vehicles—

cars that are more crash resistant and have more extensive bulletproo­f paneling. Other items include more road and bridge maintenanc­e and repair equipment, electronic election equipment and radio signal repeater tower improvemen­ts and equipment,” Tye said.

In other business, commission­ers approved raising the county real property tax rate by slightly more then 2 cents—to a bit more than 42 cents per $100 valuation.

The proposed property tax increase is aimed at helping the county pay for a 5 percent costof-living pay raise for all Bowie County employees as well as a possible increase in county employees’ health insurance.

The proposed salary hike will be the first cost-of-living pay increase for county employees since 2011. County officials are also expecting about a 20-percent increase in health insurance costs for employees during the upcoming fiscal year.

Besides the anticipate­d rise in health care costs, retirement benefits are expected to cost the county about $100,000 more for fiscal year 2016-17, which starts Oct. 1. Along with the property tax rate, commission­ers approved the county’s proposed $31.9 million budget for fiscal year 2016-17.

The salary and benefit increase will add slightly more than $930,600 to the county’s budget.

County officials project county income for the next fiscal year to come in at about $31,055,600. This would leave more than an $883,000 year-end deficit that could be covered by some cost adjustment­s. The proposed budget includes more than $9.7 million for operating the Bowie County Correction­al Center, $3.4 million to run the sheriff’s office and $1.4 million for the district attorney’s office.

Commission­ers also agreed to allow the Precinct 4 Road Department to advertise for bids from road repair companies to fix Bowie County Road 1208.

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