New Braunfels Herald Zeitung, April 19, 1987, Page 9

Publication: New Braunfels Herald Zeitung April 19, 1987

New Braunfels Herald-Zeitung (Newspaper) - April 19, 1987, New Braunfels, Texas s f 1 f PagiSA Appraisal Notes What is personal property Question What is personal property Answer Personal as It applies to ad valorem tax ation described in Section of the Texas Property Tax is all property that is not real It is movable rather than fixed In There are two kinds of per sonal tangible and in Tangible personal property is properly which can be moved or in any way perceived by the To determine what is per sonal several obser vations should be taken Into consideration The manner in which the properly is atlached or secured in a the purpose for which the property is and whether It Is to re main permanenlly A general rule Is that an item is personal properly if H can be removed wilhout serious damage to Ihe real estate or Examples of privale business personal property are Hems such as fix vehicles and and any olher tangible items used for the production of Examples of an individuals personal property are private boats and motor travel trailers and recreational The state has jurisdiction to tax tangible personal property if the property Is Located In this state for longer than a tem porary period temporarily located outside this state or used whether regularly or In this Intangible personal proper ty is that personal property which lacks mass and cannot be or otherwise perceived by the Its ex istence may be evidenced by a and It can be thought of as paper evidence of Examples include mor notes or accounts licenses or demand or time cerlificales of insurance policies and A key poinl to remember is that all property is subject to taxation unless specifically ex empted by federal law or the Texas The Chief Apprasier is required to list all taxable property as of 1 each If he discovers that property has been omitted from the Section of the Texas Property Tax Code mandates that the property be supplemented to the roll and lax satements sent lo the pro perty Personal proper ty may be supplemented for the current year plus two preceding Should an individual qualify as an owner of personal pro is responsible for making sure the property is listed correctly on the tax roll and should take special care that the records reflect the cor rect name and mailing ad dress this informalion is to be supplied to the Appraisal District If the tax collec tor cannot deliver a tax bill because of an incorrect name or the personal pro perty according to state is still responsible for all taxes plus any penalty and in terest for late Texas law mandates that property is taxable as of 1 items of personal property disposed of after the 1 assessment date are taxable for the entire year The next question Do you own personal property Chamber View Hats off for a class act Emotions Continued from Page 3A A psychiatrist in a distant city told me of a pallent who he had treated for many years She was reclusive and socially isolated until an associate of her husbands died sud denly and Ihey attended Ihe There was no one else there except the dead mans wife and the priest who stumbled for something good to say about this poor man The man had lived his life In a vacuum He had made no impact From that this patient began to turn her life around She began to contribute to the welfare of others and lo contemplate God She began to live We must live or others to die with Seek a life of the refined We find God in things that endure We cannot listen to Aaron Coplands Fanfare for the Common Man and not con template Gods power in our lives or hear Appalacian Spring and not be impressed with Gods persistant presence in nature Study Norman Rockwells pain tings as my friend and I did and youll come ace to face with God there In New York Central a young boy intently studies the his money clutched in his as a benevolent black waller beams down at him with a smile of grace and understanding Isnt that what God does for us1 Study Breaking Home Ties and youll see the exuberance u the nostalgia of age and the sweet sadness of parting Only a man inspired by God could put such emo lion in a painting Listen lo the voice within God is watching over us He is also within us What awesome power all o us Minion Church tna Scott Tjtrniflt tAVvK d SARA6ESHE have Gods music is in us all Listen and let it pour 1 was strug gling lo write this column 1 just couldnt get my thoughts correct after a long pathetic strug 1 went frustrated lo The nexl Ihe words flowed free ly Give Ihe gift of My friend gave the greatest gift possible love The gift was loving because it was given spontaneously without the expectalion of return and it was of enduring value It gave to me a more profound meaning to It was an act of God ByTOMPURDUM Now the worstkept secret in Central Texas is con fimed and we all know that the WalMart Distribution Center will be located in New New Braunfels and Comal County will receive many benefits from this there are many heroes who were important to the success of the They are too numerous to name them but some should receive public which will be done at the end of this New Braunfels and the area will feel an immediate economic impact from this multimillion dollar construc tion The announcement has already created a favorable psychological impact which Is resulting in a more positive attitude about our For the chamber has already had indications of interesl in other commercial ventures based on Ihe WaiMarl News slories on TV and on the front pages of local and metropolitan newspapers are boosting the image of New Braunfels and the area as an ideal location for commer cial and induslrial This image enhancemenl increases our opporlunilies for economic Looking a few years down Ihe Ihis area will benefil direclly from 650 job opportunities and an addi tional jobs crealed because of Ihe millions of dollars added lo our economy by this slale and federal governmenl will benefit from Ihis new project through additional tax The local governmenls will benefit immediately since the property tax status of the selected site will be chang ed from an agricultural exemplion lo Ihe slandard com mercial properly This means Ihere will be rollback laxes paid by WaiMarl and therefore an im mediate tax benefil lo ihose The lax abalemenl program for WaiMarl does nol ex lend lo personal equipment and full taxation will be received from a large in venlory housed in a warehouse as well as the equipment and furnishings In terms of the gamble of longrange plans has been removed allowing New Braunfels Utilities to exlend Iheir services to an area thai can now be fully developed with commercial and industrial projects This will help exlisling induslries in Ihe FM 306lH 15 and eliminate the need for installalion of facilities in intermediale plans Because of this economic development project our utilities will be able lo get assislance from the state in an amount up to for these utility extensions tot which we would not otherwise The bottom line rate payers save money in fulfilling longrange needs and enjoy an increased opportunity for economic The money to be raised for reducing the cost of the land is There is agreement among community and financial leaders that business and professional people in our community recognize the benefits of this multi million dollar project and will voluntarily contribute these A fund drive is being launched this One of the most important achievements related to at center was the unified effort of the The school New Braunfels Southwestern Bell Telephone Industrial Industrial Develop ment Authority and the chamber worked as a well organized team in accomplishing this Also cooperating and providing support when were the Texas Department of Highways and Public Texas Economic Developmenl Commis Texas Department of Community and the governors Space is nol adequale lo mention all the individuals in volved nor give an explanation of the roles that they I do wanl lo menlion a few individuals who were key players in this sucessful effort Bill Brown Tom John Fred Johny Arlhur Rob Fred Margarel Bobby Craig Roberl Elliol Edmund David Gene Joe Jean Ken Herb Merrill Ed Scian Donnie Dan Joe Seibold and Bob I would be remiss if I did nol also call altenlion lo all eighl of our financial insilulions who demonslraled cooperation and harmony lhal was absolulely necessary in fulfilling our financial commilments on Ihis Their team work was recognized by WalMart and add ed measurably to our communitys attracliveness lo Wai Marl in Ihe decisionmaking the cooperation received from the Afew Braunfels Herald and Radio stalion must be They were well aware of Ihe worst kepi secrel bul recognized Ihe importance lo remain quiel for fear a premalure news story would nullify Our hals are off lo Ihe media and lo the entire com munity for a class act example of teamwork in an economic development effort WALMART PHARMACY I tf WMIN KILLS LICE Hydrocortisone Cream CREAM April 26th 36 CAM Wtll Nek M Ml For I Sudaled Tablets HYDROCORTISONE I CREAM A lafed I Nasal I LOW PRICE EVERY DAY RIO lice Tteatment Kit Shop Compare Our Every Day LOW Prices On Quality Name Brand Drugs LOW PRICE EVERY DA Y Bausch Lomb Sensitive Eyes Saline Solution DRUG NAME Tolectin DS Capsules McNeil 10 Tagamet Tablets SKF Naprosyn Tablets Sinlei 8 Motrin Tablets Uptown Brethine Tablets BijnOleLuUlme Diabinese Tablets 8dndC hiof Slow K Tablets Ciba olavvium Corgard Tablets SquibO Drug Prices Reflect Quantities Shown larger Oi Smaller Quantities Prices Per Unit May family of Refugio Torres would like to express their thinks to the Nurses Staff in the C Ward Qt Oak Crest i Convalescent Cqrlos Compos qnd ill our Family qnd Friends i for yaw kind expressions of GetitQff your chest the Opinions Page in the Wycitrscin Ointment wrmi Centrum Multivitamm t it LOW PRICE EVERY PAY OXM T SAf ETt SEALEO Ibuprolen Pain Relief Tablets ZOOmg Packs 316 PR 1 24 Counl Benodryl CITRUCB Citrucel Powder April 25 itort liswii M 155 MI i ul tf Fiaairl al tltt x a t rt IBH X f i tWA ;

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Publication: New Braunfels Herald Zeitung

Location: New Braunfels, Texas

Issue Date: April 19, 1987

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