Drop in mineral values results in less revenue for Harrison County
By Robin Y. Richardson email@example.com
Nov. 25, 2012 at 11 p.m.
MARSHALL - The Harrison County Commissioners Court will consider approval of the county's declining 2012 certified tax roll when the court convenes 9 a.m., Tuesday in the historic Harrison County Courthouse.
While certified appraised values slightly increased this year compared to 2011, certified taxable values declined significantly, according to figures released in August by the Harrison Central Appraisal District.
"The total appraised value went up 0.2 percent. The taxable value, which is what the tax monies come from, went down 0.7 percent countywide, overall," Chief Appraiser Karen Jeans said in a previous interview, pointing out that the total taxable value dropped from $6.30 billion in 2011 to $6.25 billion in 2012.
"It means that the county is going to take in less money this year," she said.
The decrease in taxable value is attributed to the drop in the gas/oil/minerals category, which went down 10.7 percent countywide. Utilities also declined 0.9 percent. But while the utilities and minerals categories fell, the industrial and commercial property category went up 3.8 percent.
The total market value for the county dropped 2.9 percent, from $2.85 billion to $2.76 billion.
In other business, the court will consider to approve an interlocal agreement with the National Cooperative Purchasing Alliance.
Other items on the agenda include:
Consider action on the appointment of Harry Thornton and Jerry Wall as fire commissioners for Harrison County Emergency Services District No. 6 for two year terms beginning Jan. 1, 2013, to replace Wallace Boersma and Jim Lummus;
Consider action regarding the re-appointment of Amanda Wynn and Barron Neal, and the appointment of William Hatfield to the Harrison County Industrial Development Authority (HCIDA) board of directors each to serve two year terms beginning Jan. 1, 2013 and ending Dec. 31, 2015;
Listen to a presentation by MVBA Law Firm delinquent tax attorneys regarding collections for Harrison County.