Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-01-15
CAMERON TAX
Rate WILL Be
Held ATS l.5O
Commissioners Court
Announces Policy In
Resolution Pas s d
Monday Morning

There will be no increase in the
Cameron county tax rate and nc per-
psndiculsr advance in county yalua-
tons during the next two years, sc-
coTdlnE TO a resolution passed Mon
day BY the commissioners court. the
court ecing on record in favor Of
maintaining the present Sl.50 rate.
permitting the normal increase IN
valuations TO take care OF the last
tw9 million Of the $4,000, 900 cvad
bond issue.
The resolution also provides that
all accrued interest and premiums
received IN future bond slaes be
placed III the interest and sinking
fund instead OF tn construction
fund instead Of the construction
would practically relieve the tax
payer Of meeting the first payments,
but would down construction TO
some extent.
Following ~ the text or the reso-
luton, vnich passed unanimously:
"De 10 resolved by the commission
eTs' court OF Cameron county, Texas:
"lhaL the following be and Is the
announced policy OF the commission
ers court relative 70 carrying out
the SIX million dollar road program
80 NAr%a @A~ @Nf 80
First: That there viii De no what
is known IS perpendicular -aIse, or
'peaking' Of valuations of property,
elther real or personal for the year
1899. That the assessment and
equalization Of assessments be on
the same general principles as here
to4ore governing the actions OF the
assessor and commissioners court
sitting as a board Of equalization,
thus increasing valuations in saId
county for said year only the normal
increase as heretofoe.
Second: That III the absence OF
some Unforeseen event, or setback,
having the effect Of lowering values
or preventing normal increase That
the tax rate tor Ehe year 1879 DC /L
al the same rate as Tor the year LIS,
to-wit: $3.50 for the county tax, UNI
less IN the event thai the state rate
is lowered preventing the remission
of state taxes, then 20 be only 50
much IN addition TO the $3.50 as VIII
take IN the amount OF state tax
lowered on 1928 SO that IN the event
that state tax is lowered that the
combined state and county tax rate
will not exceed the 1928 rate S2.li.
Third: That likewise the same
rule. amounts, ETC., shall apply TO
1850 taxes, even with the ISSUANCE
" the remaining " million dollars
OF BOMBS; that IN order TO carry out
such agreement that the county audi
ts a~a.aoIized and directed to
place the premium received on an
- o.. OU.4os issued and sold here
E1,er, including the fourth million,
not yet delivered. and also accrued
interest collected on such bonds IN
the interest and sinking fund instead
of the construction fund, ss here
tofore, and that il necessary, that
out OF t.le sixth million that money.
heretofore received as premiums and
accrued interest and placed IN the
construction fund will be paid over
10 the respective interest and sink
ing fund accounts, for the purpose OF
keeping down said tax rat ea1oresaid
to the same figures as for 1925
Commissioner A. n. Logan moved
the passage OF the resolution
was seconded by Commissioner J. r.
Baughn and the question being called
all commissioners and the county
judge voted il favor.