Regents approve pay raise and tax rate outlook at Lee College
Lee College expects a about three percent faculty pay raise next fiscal year while property tax rates may drop slightly. Revenue for 2007 could rise by about one million due to higher property appraisals, enabling contingencies and reserve use. About 20 attendees eyed a budget workshop as final plans hinge on August 24. Exxon Mobil Baytown Refinery may appeal the appraised value. if lost, Lee College could lose nearly 978.3 million in tax dollars, altering reserves and planned repairs.
MENTIONED IN THIS ARTICLE
Lee College
Board of Regents
Martha Ellis
Exxon Mobil
Baytown
Harris County
Steve Evans
Exxon
Mobil
City tackles budget discussions for 92.5 million plan
City council members Thursday debated a proposed 92.5 million budget with higher water sewer and solid waste charges. Residents would face about a 4.26 dollar monthly water and sewer increase and a 1 dollar rise in solid waste rates. The budget grows about 7.3 million from last year driven by energy costs and more personnel services. The property tax rate remains unchanged at 73.7 cents per 100 valuation. See budget page 11.
MENTIONED IN THIS ARTICLE
Gary Jackson
Jackson
Texas Sales Tax Free Weekend Opens With Big Savings
The annual sales tax holiday runs today through Sunday, exempting most clothing and footwear under $100. Adults also pay no tax on apparel. State estimates show savings of 38.5 million in state taxes and 10.5 million in local taxes this year, with total shopper savings since 1999 at 287 million. Some stores open as early as 12:01 a.m.
MENTIONED IN THIS ARTICLE
Texas
San Jacinto Mall Extends Hours for Tax Holiday Weekend
San Jacinto Mall will open from 9 a.m. to 10 p.m. today and Saturday and from 11 a.m. to 7 p.m. Sunday to accommodate the sales tax holiday.
MENTIONED IN THIS ARTICLE
San Jacinto Mall
CSU team revises hurricane forecast to moderate season
Colorado State University researchers revised this year's hurricane outlook downward. They project seven likely storms and three major hurricanes, down from nine and five. Still, a 73 percent chance of at least one intense storm making US landfall remains above the long term average of 52 percent. William Gray cites cooler Atlantic temperatures and higher surface pressures as factors.
MENTIONED IN THIS ARTICLE
Colorado State University
United States
William Gray
Atlantic Ocean
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