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County judge flags $710,433 drop in taxable values; commissioners discuss tax and insurance options
Summary
Judge Eric Ramos told the court the county’s estimated taxable values fell by $710,433.37 and that the county has a $300,000 cushion from a paid-off loan and expects $100,000 from other sources; commissioners discussed potential tax increases and health-insurance bid options from TAC.
At the June 13 meeting Judge Eric Ramos presented a three-year budget history and warned of a $710,433.37 decrease in estimated tax values. He said the county has some financial cushion because a $300,000 loan has been paid off and the county expects to receive about $100,000 from other sources.
The court discussed options to respond, including the possibility of raising property taxes and soliciting bids for health insurance. Judge Ramos said the county expects cost estimates from the Texas Association of Counties (TAC) and that those figures would not be available until July 8. No formal decision to raise taxes or to change insurance funding policy was recorded; the discussion was part of the court’s budget workshop.
