Waterdistrictboardproposesr.cfm Water district board proposes reduced ad valorem tax rate
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Water district board proposes reduced ad valorem tax rate

Property owners within the 15-county High Plains Underground Water Conservation District No. 1 service area could possibly pay less tax for operation and maintenance of the district in 2007. Water district board members are proposing a reduced tax rate of $.00794 per $100 property valuation, or $.00036 less than the 2006 adopted tax rate of $.0083 per $100 valuation.

At their Aug. 14 meeting, board members said it would be appropriate to reduce the 2007 tax rate since property appraisal values have increased throughout the district.

"After reviewing the budget needs and the district's current financial status, the board members voted to adopt a proposed tax rate that equals the current effective tax rate," said Jim Conkwright, manager.

Under Truth-In-Taxation laws, taxing entities are not required to conduct public hearings if their proposed tax rate does not exceed the effective tax rate or the rollback rate, whichever is lower. As a result, High Plains Water District board members will vote on the proposed 2007 tax rate at their Sept. 11 meeting.

"We're glad that we can reduce the 2007 tax rate without having to cut back on district programs and activities that benefit area residents," said Board President Robert Meyer of Canyon.

Created in 1951, the High Plains Underground Water Conservation District No. 1 provides for the conservation, preservation, protection, recharging, and prevention of waste of groundwater stored in the Ogallala aquifer within its service area. Additional information about the district's programs and activities is available online at www.hpwd.com.

Date: 9/6/07


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