Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-01-14
TAX
RATE WILL Be
Held AT Sl.5O
Commissioners Court
Announces Policy In
Resolution Pas 5 d
Monday Morning

There will be no increase in the
Cameron county tax rate and no per-
pGndicular advance in county valua-
tions during the next two years, ac-
cording 20 a resolution passed Mon
day by the commissioners court, the
court going on record in favor of
maintaining the present $l.50 rate,
permitting the normal increase IN
valuations 10 take care Of the last
two million OF the $4,000, 900 road
bond issue.
The resolution also provides that
all accrued interest and premiums
received In future bond slaes b.
placed in the interest and sinking
fund instead of tn construction
fund instead of the construction
would practically relieve the tax
payers Of meeting the first payments,
but would cut down construction to
some extent.
Following il the text OF the reso-
luton, which passed unanimously:
BE it resolved by the commission
ers' court Of Cameron county, Texas:
THAT the following be and is the
announced policy OF the commission
ers' court relative 10 carrying out
the six million dollar road program
as voted January 20, 1927:
First: That there will be no what
Is known Us perpendicular raise, or
'peaking' OF valuations Of property,
either real or personal for the year
1929. That the assessment and
equalization OF assessments be on
the same general principles ~ here
tofore governing the actions OF the
assessor and commissioners court
sitting as a board Of equalization,
thus increasing valuations II said
county for said gear only the normal
increase as heretofoe.
Second: That in the absence Of
some unforeseen event, or setback,
having the effect Of lowering values
or preventing normal increase that
the tax rate for the year = : be ~
ut the same rate a. Tor the year 4--or
to-wit: $3.50 for the county tax, IN
less in the event that h state rate
Is lowered preventing the remission
OF state taxes, then TO be only 50
much in addition 10 the Sl-oO rs Wall
take up the amount OF state tax
lowered on 1928 SO that an the event
that state tax Is lowered that the
combined state and county tax rate
will not exceed the 1928 rate S1.l4.
Third: That likewise the same
rule, amounts. etc, shall apply TO
1880 taxes, even with the issuance
OF the remaining two million dollars
OF bonds; that in order 70 carry out
such agreement that the county audi
us and directed 70
place the premium received on all
ss o. Loads ISSUED and sold here
after. including the fourth million,
not yet delivered, and also accrued
interest collected on sucn bonds n
the interest and sinking fund instead
Of the construction fund, as mere
tofore, and that if necessary, that
out u the six1n million tnat moneys
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 ealoresald
to the same figures Us for : !,
Commissioner A. v. Logan moved
the passage Of the resolution
Was seconded BY Commissioner j.. n;
Baughn and the question being called
all commissioners and the county
Judge voted in favor.