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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Jun 05, 1983
Page
2
Appraisals reflect bankruptcy and business closings cutting pipeline capacity and weakened demand while mineral values drop from 2.87 to 2.7 billion dollars per year by January 1 1983. Yet Odessa home values largely resist the decline as Goodwin cites sales comparisons and neighborhood analyses to determine current market value.
The State Property Tax Board notes single family home valuations averaged 39 percent of market value as of January 1. Appraisals rely on 1981 fourth quarter and 1982 first quarter sales, with values only partly reflecting market declines. Residents can seek help at Permian High School through June 10, protest notices by June 13, and hearings through June 22, with lawsuits possible afterward.
State reforms aim to blunt large revaluations but fear remains. Auditor Max Wilson notes Ector County faces a $4 million shortfall this year and a 34 cent tax rate, with revenue gaps and depleted reserves threatening borrowing. City Hall officials predict some homeowners will see bills double amid falling sales tax and higher budget needs for ECISD.
Linda Holder recalls her father’s death as a result of a northern gunman’s flight from law enforcement. Authorities say Kahl, linked to Posse Comitatus, died inside a Walnut Ridge house as deputies and FBI closed in. The Ginters, charged with capital murder, faced heightened security as the siege ended in a blaze and explosions.
A Whatcom County former sheriff's deputy won 57500 in a libel suit over a false report of a sex offense conviction. A jury deliberated four hours before awarding the damages after the Herald published March 6 1982 that he had been found guilty.
The Doem American lists prices and service times with amounts 6m 28.00 22.90 and 40 daily before 7 p.m. Weekend timing shows Saturday and Sunday before 10 am. A 5.00 charge appears in the record.
Heavy thunderstorms and high winds swept through western and northern Texas on Saturday. Brownwood and Brown County reported damaged plate glass windows and roofs, while San Angelo saw uprooted trees and hail with about 0.58 inches of rain. Santa Anna between these towns recorded three inches of rain in 30 minutes. Predicted weather today includes a 30 percent thunderstorm chance near 90 degrees, easing tonight. Monday should be partly cloudy in the mid 80s.
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