Water District Lowers Tax Rate
The Board of Directors of the Glasscock County Underground Water Conservation District on Sept. 12 lowered its tax rate to .033018 per $100 valuation from last year’s .042242. The new rate is three percent above the effective rate. District Manager Rick Harston reported an increase in taxable valuations from last year of approximately $83.5 million.
In addition, the board adopted a new budget which raises employees’ salaries by five percent. Harston’s salary will be $31,500 and District Secretary Donna Donica’s is $19,950.
The budget estimates revenues of $120,225 and expenditures of $123,892. If there is an actual budget overage at the end of the fiscal year, it will come from the district’s reserves, which now total $140,000.
The board also voted to begin the process of getting its enabling legislation modified to prepare for the possible future annexation of other areas. Among the proposed modifications are: changing the district’s name to Glasscock Groundwater Conservation District, and changing directors’ terms from two to four years. Additional language will also be suggested regarding legal validation and confirmation of the district’s actions.