2nd Hearing on CWE Tax Proposal Slated for Monday
Published September 06, 2013 11:59am by
A second public hearing regarding the proposed 15.5546-cent per $100 valuation Countywide Equalization tax rate will be held at 9 a.m. Monday morning, according to an agenda obtained by Gaines County officials on Friday.
The hearing, open to the general public, is slated for a 9 a.m. start inside the Commissioners Courtroom, at the Gaines County Courthouse.
The proposed CWE rate, assessed by Gaines County, is projected to see over $9.8 million in revenues generated for Gaines County's school districts.
Gaines County is one of a limited few of Texas counties able to participate in the CWE taxing process, according to local school district and county officials. Gaines County taxpayers, in a 1939 election approved of the implementation of the CWE tax for county residents, which passed in a 474-to-85 voting decision, according to county records.
Seminole ISD, Gaines County's largest public school district, is anticipated to receive $7.57 million in CWE funds, according to County figures produced recently by Gaines County leaders.
Seagraves ISD, according to figures, is projected to receive $1.82 million in CWE funds, while Loop ISD -- the county's smallest public school district -- is anticipated to receive over $431,000.
The split of CWE funds is based upon average daily attendance figures from the public school districts.
Following Monday's hearing, Gaines County Judge Lance Celander will consider the implementation of the tax rate in a Sept. 13 hearing, also scheduled for a 9 a.m. start at the Gaines County Courthouse.