Troup property values fall - KYTX CBS 19 Tyler Longview News Weather Sports

Troup property values fall

Posted: Updated:

information courtesy of the Tyler Morning Telegraph

TYLER (KYTX) - The Troup Independent School District will have to adopt a deficit budget for 2010-2011 which could total $600,000.

Troup ISD's preliminary property values dropped almost $47 million dollars, primarily because of a decline in mineral values.

According to the Smith County Appraisal District, that's almost a 16.5% decline from last year's certified value of more than $287 million dollars.

Superintendent Marvin Beaty said the district now needs to watch discretionary expenses, but it is not cutting any programs or personnel.

Powered by WorldNow

CBS19, MYTX & KCEB
2211 ESE Loop 323
Tyler, TX 75701
Phone (903) 581-2211
Fax (903) 581-5769

Powered by WorldNow
All content © Copyright 2004 - 2013, WorldNow and KYTX, Owned and Operated by London Broadcasting Company.
All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.