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Odessa American in Odessa, Texas

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

May 24, 2009

Page

4

Mineral valuations eyed as severance tax debate grows

County officials discuss how mineral value affects property tax revenue across the county. Leaders caution the 2007 valuation method based on next year's oil and gas price is unreliable. Industry groups and government seek a fair valuation method with input from both sides as Odessa councilman Dr. James Goates assists.

McCord Lewis Texas Independent Producers and Royalty Owners Texas Oil & Gas Association Texas Alliance of Energy Producers Comptroller James Goates Odessa

Valuation Fluctuations Hit Ector County Budgets

Ector County faces sharp declines in mineral and total market values from 2008 to 2009 with mineral property down about 20 percent and total market value down around 4.7 percent. Officials warn of potential tax shifts and tighter budgets for the county, schools, and Odessa College if a smoother valuation process isn’t enacted.

Ector County Ector County Independent Odessa College Ector County Hospital Mineral Property Odessa Redford Rep. Lewis Robert Abernethy Medical Center Ector County Independent School District

Democrats delay Texas legislature over voter ID fight

In Austin the 2009 Texas legislative session opened with a heated rules battle as House Democrats used parliamentary tactics to block bills amid a fight over voter identification requirements. Republicans say reforms are stalling. concerns span college tuition relief, insurance changes, eminent domain limits, and veteran tax relief as Speaker Joe Straus faces a polarized, wobbling House.

Austin Texas Senate John Carona Dallas Carona Joe Straus

Also Mentioned on This Page

Goates Ector Susan Redford Oapa.com Grips House THE Associated Press Dank Jess Santa FE Square Freedom Pontiac 42Nd St EE Hospital Safe Kids San Angelo A Agene Ps O iFon Baker's Dresser & Mirror National Furniture Retailer of East Lacks.com
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