No property tax increase in Midlothian
The Ellis County Press
MIDLOTHIAN – The highlight of the two-day long budget workshop over the weekend at the Midlothian Conference Center was no property tax increases were made to the peo ple.
No cost of living increases were given to the employees.
"I do believe city government realizes that unnecessary spending must stop," said Councilman Ken Chambers.
The amount of $930,000 was taken out of the unreserved fund to the general fund to balance the budget.
The result of lower sales tax projections, lack of building permit fees and factors resulting from the closing of the formerly known as Chapparal Steel plant.
The unreserved fund is used as a backup fund for special pro jects and to safe guard the city’s bond rating for best interest rates.