Lubbock City Officials Expect Surplus in Next Fiscal Year - KCBD NewsChannel 11 Lubbock

7/25/08

Lubbock City Officials Expect Surplus in Next Fiscal Year

City officials estimate the city will have nearly one million dollars extra in the bank during the next budget year. The Lubbock Central Appraisal district has certified its property values for the upcoming budget cycle. Estimates show these values will net $900,000 dollars more than originally was budgeted.

NewsChannel 11 caught up with Council Member, Paul Beane, to ask him how he thinks the surplus should be spent. 

"Well, I think we should let the taxpayers decide that question. I think the money should be refunded in the form of a tax cut. A further tax cut to the citizens of Lubbock."

Beane says with the extra money the city might be able to lower the tax rate.

 

2008 Tax Guide
Does everybody have their W-2 forms? Like it or not, tax season is upon us. To help you keep informed, check out our 2008 Tax Guide!

  • Local News on KCBD.comNewsMore>>

  • Fire Weather Warning for this afternoon

    Fire Weather Warning for this afternoon

    Sunday, March 26 2017 10:33 AM EDT2017-03-26 14:33:36 GMT
    Sunday, March 26 2017 10:33 AM EDT2017-03-26 14:33:36 GMT
    The South Plains has been placed under a Fire Weather Warning valid from this afternoon at 1 p.m. until 8 p.m. this evening. Sustained winds at 20-30 mph, warm temperatures and low relative humidity values will create an elevated to critical fire weather risk for our area. A cold front will move through our area late tonight, shifting winds out of the north. Monday morning will be cool and breezy.
    The South Plains has been placed under a Fire Weather Warning valid from this afternoon at 1 p.m. until 8 p.m. this evening. Sustained winds at 20-30 mph, warm temperatures and low relative humidity values will create an elevated to critical fire weather risk for our area. A cold front will move through our area late tonight, shifting winds out of the north. Monday morning will be cool and breezy.
  • 1 dead, 14 injured in Cincinnati nightclub shooting

    1 dead, 14 injured in Cincinnati nightclub shooting

    Sunday, March 26 2017 5:46 AM EDT2017-03-26 09:46:59 GMT
    Sunday, March 26 2017 10:27 AM EDT2017-03-26 14:27:11 GMT

    One person was killed and another 14 injured in a mass shooting at a Cincinnati nightclub early Sunday morning.

    One person was killed and another 14 injured in a mass shooting at a Cincinnati nightclub early Sunday morning.

  • DC eagle cam: Eggs expected to hatch soon

    DC eagle cam: Eggs expected to hatch soon

    Sunday, March 26 2017 9:07 AM EDT2017-03-26 13:07:03 GMT
    Sunday, March 26 2017 9:07 AM EDT2017-03-26 13:07:02 GMT

    Eagle eggs typically take 35-38 days to hatch, and Sunday marks Day 35 for the first of the two eggs.

    Eagle eggs typically take 35-38 days to hatch, and Sunday marks Day 35 for the first of the two eggs.

Powered by Frankly