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New Braunfels Herald-Zeitung (Newspaper) - February 10, 1983, New Braunfels, Texas Texas Corn New Braunfels New Texas HeraldZeitung 29 16 Pages THURSDAY February 25 cents 92 29 USPS 377880 Bond issue bottom line Taxable Proposed If Bonds Value Tax Rate Tax rate plans outlined By JACQUELINE SMITH Staff writer How much will a million bond issue raise taxes in New Braunfels Independent School District It all depends on what the Comal County Central Appraisal District has reappraised your property or home according to NBISDs financial The interest rate the bonds are eventually sold at if Saturdays bond issue passes will also have an affect on liow much taxes are said Lonnie NBISD Business Based on reappraised property values in Curtis estimates that a 66cent tax rate will bring in the same amount of revenue as the current 97cent tax rate per If Saturdays bond issue that proposed 66cent tax rate would have to be raised to ap proximately 89 cents per Curtis The chart at right lists the tax bill on a wide range of property values under both the 66and 89cent if the NBISD school board decides not to sell all million of the bonds at the 89 cent tax rate will go out the win he See TAX Page 16 Bond market goodCurtis As far as the bond market is now is a good time to be calling for a million bond Lonnie business manager of the New Braunfels Independent School said And thats just what the school district plans to do With interest rates hovering around the current bond market is in great Curtis noted in a telephone Curtis reports that NBISD is also in excellent financial shape especially to handle the million bond issue its hoping the public will pass Our financial condition is very the business manager We currently do have a million reserve fund set aside for he the districts in vestment money helps keep down the tax which is currently at 97 cents per The current bond which he said is a hot issue right better than its been in quite some time because interest rates have Presently the district could possibly get an 8Vz percent interest rate it would have to pay on its a little maybe a little said See Page 16 Note Standard homestead exemption is figured in taxable Due to ongoing revaluation by Comal County Appraisal some property values may increase dramatically from last meaning the current NBISD tax rate of 97 cents per of property value will have to be adjusted Figures in Proposed Tax Rate are based on a 66cent the administrations estimate for next year without the bond Estimates indicate the bond issue will mean a 23cent tax rate so the last column is based on an 89cent Fluoride due soon System will be ready in two By DEBBIE DeLOACH Staff writer Fluoride will be in the citys water system on Utilities manager Bob Sohn announced making good his promise to give everyone two weeks In view of a petition opposing the fluoridation that surfaced late that announcement may seem a bit But not to Sohn That petition doesnt change It asks for the issue to be put on the ballot for a vote in the Utilities manager said But I have been mandated by the public under the current situation to put fluoride in the citys water and thats what Im going to Im just sorry I didnt get it done The last fluoridation election was held The issue passed by a slim 15vote Two years fluoridated water was set to flow on but on July two separate acid leaks were Vandalism was strongly but Sohn hasnt been able to prove that The works been but fluoridation should have been in the system back in November or I just didnt want to pay more of the bill than I had Sohn But were and I have no jurisdiction to delay it Damage costs added to what Utilities had already stuck into the fluoridation system total Sohn The state has contributed for a total cost of Thats a lot of money to spend for but democracy works that way Sohn If fluoridation goes to a vote and is Ill do whatever the citizenry But for there will be fluoride in the citys water as on City Council is looking at an April 2 referendum on proposed changes in the city election Council members will consider the petition to put fluoridation on that ballot at its regular meeting on The petition signed by 292 registered voters was turned in to City Hall late The number of petitioners comes to well over 50 percent of the number who voted in the last municipal election to force a Voter turnout last August when two council members ran unopposed was only 455 Herrera files suit against city ByDYANNEFRY Staff writer Former police officer Domingo Herrera is suing the City of New Braunfels for for an alleged violation of his civil The suit was filed 28 in a federal district court at San Two defendants were named the and Police Chief Burney Boeck fired Herrera last claiming he had stolen money from a police charity driver City Attorney John Chunn said the suit was not totally The case has lain dormant since late when Herreras attorneys cancelled a scheduled hearing with the Equal Employment Opportunity Houston lawyer Jose Medina said at that time that he and his client had decided to take it directly to federal Either one of two things I can or I can said contacted at home The now working as a said there was a 180day waiting period for cases to be filed through the Department of That was the Everybody thought wed forgotten about but we said The suit charges that the the dismissed officer was not given due process of said It also claims that he as a Mexican American was not afforded the same rights as a white officer would have and not given a chance to clear his Working on the case with Medina is San Antonio attorney Jesse As part of the damage they are asking that HeiTera be with full back seniority and Medina said there was a possibility of additional charges against other Chief Boecks decision to fire Herrera was supposedly based on a witnesss but the city has refused to disclose the name of that Chunn said he was working on a reply to the and will file it on or before As far as he hell be serving as counsel for both the city and Theres a in I since which states that the city in a lawsuit will provide an attorney for any city in cluding the Chief of he I dont see any conflict of interest in Jobs done The nowfamous crane pulls one of its last loads of muck out of Landa Lake Wed The threeweek job ended Thursday Staff photo by John Senter as the crane was dismantled and returned to San Page Inside Todays Weather Comal County forecast calls for sunny and mild this afternoon and and partly cloudy and cool Winds will be from the nor thwest near 10 mph and light and variable Sunset will be at and sunrise Friday will be DEAR Robbery manhunt Couple held up on 81 woman abducted from store A New Braunfels man and woman were and a 711 Store clerk was kid all at in two separate incidents early Wednesday Police detectives are looking for two white male driving an early 1970 model black in connection with the armed robbery of a man and a woman who gave them a ride from Duffys Y Cafe on Highway 81 to Broncos Club in the Courtyard Shopping Center around Detective Ray Douglas After having drinks at the second the foursome left to go to another night Douglas In the 400 block of Highway 81 between and 1 the two suspects both pulled caliber revolvers on the They took her purse with about and assorted credit and almost worth of jewelry the woman had Douglas The itemized list included two and a One ring that had a Marquis diamond in it was worth all by it The two suspects then drove to FM and let the man and woman Before they drove one of the suspects bent the license plate so numbers or even the state name couldnt be The man and woman walked a short distance to a farm and called the Comal County Sheriffs Office at Douglas described the driver as about six feet weighed about 160 slight He had light brown and looked like he was in his early Douglas He was clean and wore a dress dotted shirt and dark The second suspect was also about probably 30 years and He was had dark brown and wore a long sleeved shirt and dark In the second detectives Juan Gusme and Jim Buntyn are looking for an aggravated kidnapping and robbery who abducted a 711 Store con venience clerk about 4 The suspect was a white between 58 and 510 about 130140 pounds and wearing grubby Gusme He also had a blue steel The store clerk was stocking the when he entered the He grabbed and took her and her car out off FM Then he threw her out of the The clerks 1974 Ford was discovered abandoned about 8 Wednesday on Woodcrest She said there were no other cars in the area of the store at the time of the The store at the corner of Loop 337 and Common is currently conducting an audit to determine if any money was taken in the customers up in arms over new withholding provision The push is on to repeal withholding tax on interest and dividend Congressman Tom Loeffler has already introduced a bill to repeal this section of the 1982 Tax Equity and Fiscal Responsibility At least one savings and loan company in New Braunfels has asked citizens to write senators Lloyd Bentsen and John asking for a change in the As it stands 10 percent withholding will automatically be deducted from dividends and from payments on most types of interest bearing starting July Corporations and financial institutions will be responsible for sending the money to the Internal Revenue which means a bookkeeping night mare for said Larry loan officer at San Antonio Arthur president of First Federal Savings said the withholding measure was tacked without warning onto the general tax bill in Congress last It he because killing it would have meant killing the overall Anybody that is a payer of interest and dividends doesnt like said Dennis head of the savings division at San Antonio And Donnie president of Guaranty State Ive had a number of customers come to me and tell me how upset they are about The American Bankers Association is lobbying for deletion of the withholding and has supplied individual customer protest forms to its member Guaranty has those and will mail them for Seay The withholding provision does not constitute a new United States citizens have long been required to report interest and dividends on their annual income tax But under the new tax on this type of income will be collected in just as its now collected from regular wages through use of the W4 withholding See Page 16
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