Money Matters: Bell County

by / 0 Comments / 82 View / August 24, 2015

By Devin Corbitt, The Belton Journal

During their Monday meeting, the Bell County Commissioners set dates for a series of budget and tax rate public hearings and votes. All events will take place at the Bell County Courthouse.

The first set of tax rate hearings took place Aug. 19 at 9 a.m. and 7 p.m.

The presentation of and public hearing for the budget were held Aug. 24 at 9 a.m. along with the second tax rate public hearing.

The meeting to adopt both the tax rate and the budget will take place Aug. 31 at 9 a.m.

The taxes for Bell County are broken into two categories: Bell Count and Road District. The proposed Bell County tax rate is 42.12 cents per $100 valuation; the proposed Road District tax rate is 2.99 cents per $100 valuation, for a total county tax rate of 45.11 cents. There is no change in the tax rate from last year.

Of the Bell County tax rate, 9.56 cents will be put toward debt service, while the remaining 32.56 cents will go toward maintenance and operations. The Road District portion of taxes will, unsurprisingly, pay for road and bridge maintenance.
Now that the commissioners have set the tax rate, they are able to lower taxes after hearing from the public, but they may not increase the rate.

The commissioners also approved a final plat for the 438 Loop Addition, a 5-acre tract of land containing two lots. The subdivision is located within Temple’s extraterritorial jurisdiction (ETJ).

At their July 6 meeting, the commissioners approved an agreement to provide right of way funds to the Texas Department of Transportation for FM 1124 at Salado Creek, totaling $43,127.50. However, the cost required by the county was reduced to $20,627.50, and the commissioners unanimously approved a new agreement to reflect that price.

The commissioners then approved the purchase of laundry equipment from Commercial Equipment Company for the Loop Jail. The equipment cost totals $44,822.

In their final actions for the day, the commissioners approved the renewal of two contracts. The first of these was the first of four 6-month renewals with Killeen Ready Mix for concrete. The second was the first of two 1-year renewals with Wilson Culverts for corrugated galvanized metal culvert piping.