Sulphur Springs City Council Approves Tax Rate, Budget Amendments, Appropriations Ordinances
Eligible Property Owners Will Benefit From 20% City Homestead Tax Exemption; 9% COLA Raise, Increased Longevity Pay Approved For City Employees The regular Sulphur Springs City Council meeting was heavily focused on the budget, tax rate and impact of the economy on city finances. Some positives noted included ability of eligible Sulphur Springs property owners to benefit from a 20% homestead exemption on city property taxes for the...
Budget, Tax Rate, Utility Fees Receive Unanimous Approval From Sulphur Springs City Council
Ordinance Setting Master Fee Schedule Passes On 4-2 Vote Sulphur Springs City Council made short work of Tuesday evening’s special meeting, unanimously approving ordinances setting the budget, tax rate and utility fees for the 2021-2022 fiscal year and one authorizing updated service credits. Ordinance No. 2783 establishing a master fee schedule passed on a 4-2 vote. Although public hearings were held for each, no members of the...
Proposed Budget And Decreased Tax Rate And Increased Utility Fees Approved By Sulphur Springs City Council
Master Fee Schedule Passes On 5-2 Vote Sulphur Springs City Council unanimously approved the proposed budget and tax rate on first reading during the regular September meeting Tuesday night. A master fee schedule, with increases in street maintenance fees and to the Grays Building rental deposit fee, was also approved, but on a 5-2 vote. Master Fee Schedule The Council opted, at the recommendation of Assistant City Manager/Finance...
Sulphur Springs Officials Discuss City Tax Rate, Budget During Workshops
Reduction In Tax Rate, Small Increase In Utility Fees Proposed Sulphur Springs officials have been hard at work this summer shaping and tightening up a budget for the 2021-2022 fiscal year. After two special meetings with Sulphur Springs City Council, officials anticipated proposing a city tax rate that will be not quite 2 cents lower, while recommending a small increase to city utility fees to keep up with inflation and apply toward...
Sulphur Springs City Council Sept. 1 Meeting Agenda Includes Hearings For Tax Rate, Zoning Ordinances
The Sulphur Springs City Council Sept. 1 meeting agenda includes public hearings regarding the proposed tax rate, two zoning ordinances and a budget amendment ordinance. The agenda also includes numerous other items, including consideration of a contract for construction of the Grays Building, an emergency services mutual aide agreement between the cities of Sulphur Springs and Commerce, Sulphur Springs-Hopkins County Economic...
City Council To Consider Ordinances Setting New Sanitation Rates, Rezoning Request
Sulphur Springs City Council is slated Tuesday evening, Jan. 3, 2023, to consider two ordinances, one setting new sanitation rates and one which would rezone an East Shannon Road property to allow for residential development, and two 380 agreements. Service pins are slated to be awarded and an executive session to be held to discuss personnel and economic development matters. Sanitation Ordinance The Council is asked to consider...
SSISD Approves Application, Tax Agreement With Ashoka Steel Mills
Ashoka Steel Mills, LLC, this week cleared another hurdle toward locating the company’s first US plant in Sulphur Springs. The business received approval from Sulphur Spring ISD Board of Trustees for what is often referred to as a Chapter 313 Tax Agreement, referring to Texas Tax Code Chapter 313, which allows businesses to apply for a tax break on all or part of school district maintenance and operations taxes. Ashoka Steel...
County, Hospital District Approve Tax Abatements For Ashoka Steel Mills
Negotiations Ongoing With City Regarding Land Acquisition The county and hospital district this week approved tax abatements for Ashoka Steel Mills, LLC, clearing two more steps for the company to invest $245 million in construct of its first plant in the United States on the city-owned old coal mine property on FM 1870 in Sulphur Springs. Ashoka Steel Mills Sulphur Springs-Hopkins County Economic Development Corporation Executive...
City Council Slated To Consider Setting City Utility and Tax Rates, Budget On Sept. 20
City of Sulphur Springs utility customers can expect water, sewer and sanitation rate increases in the coming fiscal year. The city finance department and officers recommend raised rates to cover utility fund expenditures, future capital and other costs of providing each service beginning in October. A budgeted 9% cost of living adjustment (COLA) and an increase to longevity pay rates for city employees; inflation of costs such as...
Sulphur Springs ISD Bond Election To Be Discussed At Town Hall Meeting
The Sulphur Springs ISD Bond Election will be discussed at a special Town Hall Meeting scheduled at 7 p.m. Monday, Sept. 19, 2022, in the Board Room inside SSISD Administration Building, 630 Connally St. SSISD Superintendent Michael Lamb will lead the discussion. The community is invited to attend to learn more about and ask any questions they may have related to the $81.5 million SSISD Bond Election called for facilities improvements...
