The Albany News (Albany, Tex.), Vol. 116, No. 10, Ed. 1 Thursday, August 15, 1991 Page: 3 of 24
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Thursday. August 15, 1991 The Albany News Page 3
Preliminary budget set for CED
By Melinda L. Lucas
The Shackelford County Edu-
cation District (SCED) board of
directors worked on a preliminary
budget, rejected the "3-2-1 dis-
count" payment method on a split
vote, and canvassed the results of
the August 10 election during a
meeting held Tuesday, August 13
at the Moran School.
Board members also appointed
a depository for CED funds and
discussed the disbursement of those
funds to the component school
districts.
Before adjournment, they
scheduled a budget hearing for 7:30
p.m. Tuesday, August 27 in the
Albany ISD board room.
The SCED was organized in
June to comply with state mandates
consolidating the Albany and
Moran school districts for funding
purposes. Each school district will
continue to function as a separate
unit, but will receive the majority
of its funding from the CED tax
collections.
The board is made up of two
members from each of the compo-
nent school boards. Both superin-
tendents also sit in on the meetings.
Directors from the Albany ISD are
Don Fitzgibbons and Jimmie
Wheeler. Sam Snyder and Linda
Drexlar were appointed by the
Moran school board.
Others present at the meeting
were Shackelford County Chief
Appraiser Bruce Bailey, former
Chief Appraiser Betty Viertel,
Robert Montgomery, Sunny
Anderson and Randall Palmore.
Budget Proposal
The board arrived at a prelimi-
nary budget figure of $65,000 for
its first year of operation.
The majority of the tentative
budget, $60,000, was assigned to
appraisal district services, while
$2,500 was set aside for liability
insurance and $1,000 for adminis-
trative costs.
Albany superintendent Ronnie
Kincaid was appointed as deputy
budget officer by CED chairman
Don Fitzgibbons.
Kincaid will work on final bud-
get figures to be presented at the
public budget hearing set for Tues-
day evening, August 27 at 7:30
p.m.
Board members also discussed
. how the two schools would divide
the CED operating expenses,
studying the seven options permit-
ted by the state.
The division could be (1) based
on each school's percentage of the
total tax levy; (2) a percentage based
on each school's average daily at-
tendance; (3) a percentage based
on each district's property values;
(4) a percentage based on each
district's total operating expenses;
(5) a percentage of the taxable par-
cels in each district; (6) divided
equally between the two districts;
or (7) paid entirely by one or the
other of the districts.
No action was taken on the divi-
sion question because the Com-
missioner of Education has not yet
ven the SCED a levy figure or a
brmula to arrive at that figure.
The board did, however, infor-
mally discard the last three op-
tions.
3-2-1 Discounts
The directors discussed at length
whether the SCED should offer a
3-2-1 discount for early payment of
taxes.
The Moran ISD currently em-
ploys the method, which allows
taxpayers to discount three per-
cent of their total taxes if they pay
in October, two percent in Novem-
ber and one percent in December.
The discounts are designed to
accelerate payments so that the
taxing entity can then draw inter-
est on the early collections.
This works well during periods
when the interest rates are high,
but with today's low rates, we'd be
losing money," stated Fitzgibbons.
"We could borrow operating capi-
tal for 6-8 percent; the discount
amounts to about 12 percent."
Fitzgibbons stated his belief that
the tax rate would have to be ad-
justed to compensate for the loss
and the 3-2-1 discount thus "shifts
the tax burden from those who have
the liquidity to pay early to those
who don't have the money to do so."
Snyder commented that Moran
taxpayers are "used to the discounts
and want them to continue."
Snyder made the motion to offer
the discounts and was joined in
affirming the motion by Drexlar.
Fitzgibbons and Wheeler voted
against the measure.
Kincaid and Drexlar reported
that there is currently no method
to break a CED tie vote. The re-
sults revert to the "Btatus quo,"
meaning that the issue will con-
tinue to function as it has in the
past.
In the case of the CED, there is
no history of offering discounts;
therefore no discounts will be of-
fered now.
Other Business
• Randall Palmore of the First
National Bank of Albany and
Breckenridge presented a bid to be
appointed as the CED depository,
llie bank was approved unani-
mously on a motion by Wheeler,
seconded by Snyder.
• The board canvassed and ac-
cepted the results of the special
August 10 election which placed
three CED proosals before the
voting public.
Voters reiected the proposition
to tax tangible personal property,
as recommended by the SCED
board, and approved two home-
stead exemptions to be offered by
the SCED.
• The directors studied liability
insurance coverage available from
the Texas Association of School
Boards, but opted to investigate
other sources to try and get a lower
premium.
• Kincaid was appointed as the
SCED administrator.
• A15 percent service charge for
delinquent tax collections was ap-
proved on a motion by Wheeler,
seconded by Drexlar.
• Shackelford County Education
District was adopted as the official
name of the new consolidated dis-
trict.
Saturday marks Trade Day
Albany Trade Day, held each
month on the third Saturday, is set
for this week, August 17, in down-
town Albany.
Vendors can start setting up on
the vacant lots behind the First
National Bank Park at 7:30 a.m.
on Saturday. Chamber director
K.C. Jones will be present this
month to collect the participation
fees and have waivers signed.
The cost for a space at the trade
day is $5 for the day. Vendors are
asked to stay until 4:00 p.m. if
possible.
The Chamber of Commerce,
which sponsors the monthly event,
} JO ( 'ulf •
H) IMfit 'MifO'A' ft
Club sets ice cream supper
The Albany Athletic Booster
Club will hold its traditional ice
cream supper, following a ham-
burger supper, on Tuesday, August
20.
The booster club will kick off the
1991-92 sports season with a
hamburger supper for all fans and
parents of junior high and high
school athletes.
Serving will begin at 6:00 p.m.
in the east parkinglot of the Albany
High School campus beside the
AHS gym.
Supporters can purchase a
hamburger, chips and drink for $3
per person.
The ice cream supper, which is
free, will follow the meal at ap-
proximately 7:00 p.m.
The event is open to the public,
and all local athletes, parents and
fans are invited to attend. The event
is for all athletes, regardless of
which sports they participate in
throughout the year.
The booster club is also con-
ducting advertising sales for the
football programs that are sold at
the five home games. Proceeds from
the program sales is the major fund-
raising project for the club for the
year.
Both football and volleyball
players are participating in two-a-
day workouts this week. The ice
cream supper marks the end cf the
extended workouts.
The club will hold weekly
meetings during the fajl and all
fans and parents are invited to
attend.
New caps, t-shirts and other
souvenirs are currently being sold
by club members and will be
available Tuesday evening. Also,
any local supporters who have not
been contacted to purchase an ad
in the football program may ar-
range for one during the supper.
COMANCHE COUNTY
ELECTRIC COOPERATIVE
ANNUAL
MEMBERSHIP
MEETING
AUGUST 16,1981
8:00 P.M.
COMANCHE HIGH SCHOOL
COMMONS AREA
IN COMANCHE
(Hwy. 16 North)
Registration Gifts - Refreshments - Door Prizes
REGISTRATION BEGINS AT 7:00 P.M.
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will also hold a bake sale in con-
junction with the trade day.
The Chamber directors will be
holding a bake sale," said Dorothy
Black, Chamber manager. "There
will also be a table set up for the
Chamber's annual membership
drive."
The trade day started in Janu-
ary and has been held on a monthly
basis.
"We invite anyone who is plan-
ning to have a garage sale to bring
their stuff to the trade day. It has
been successful for others who have
tried it."
■ » , . f
. *JC .1. i . r •? . ,
Free flow...
Albany's newly cleared creekbeds
are receiving a real trial this week
as millions of Rallons of water flow
nunityf
lowing heavy rains last weekend
swi ft I y through the commun ity fol -
and continuingparticipation throt iph
the first part ofthe week. The c< >n
solidated effort by the city, (ounty
and highway department to clean
out the clogged creeks seems to be
paying off, with the streams stay-
ing in-oank and the water flowing
quickly out of town without ha< k~
ing up. Unchanged however, is
the fact that local youngsters (lower
photo) still find plenty of places to
play in the rain-swollen cre< ks.
Snap. CcUe*#U
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Lucas, Donnie A. The Albany News (Albany, Tex.), Vol. 116, No. 10, Ed. 1 Thursday, August 15, 1991, newspaper, August 15, 1991; Albany, Texas. (https://texashistory.unt.edu/ark:/67531/metapth412874/m1/3/: accessed July 7, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting The Old Jail Art Center.