Hospital District sets tax rates


By Matt Lasley - mlasley@civitasmedia.com



The Grayson County Hospital District set its 2015 property tax rates this past Wednesday, Sept. 9.

During a short, regularly scheduled meeting on Wednesday, the Grayson County Hospital District Board of Trustees, as it has typically done in the past, approved the proposed compensating tax rates.

Twin Lakes Regional Medical Center (TLRMC) CFO Scott Arndell said the tax rates for the coming year will be as follows:

4.5 cents per $100 of assessed value real estate—up slightly from last year’s 4.4 cents per $100 of assessed value real estate.

5 cents per $100 of assessed value tangible property (motor vehicles and watercraft)—the same rate as last year.

According to TLRMC CEO Wayne Meriwether, the estimated revenue from the 2015 tax rates is divided as follows:

The estimated revenue to be earned from the 2015 real estate tax rate is $469,600.

The estimated revenue to be earned from the 2015 tangible tax rate on motor vehicles is $70,312.

The estimated revenue to be earned from the 2015 tangible tax rate on watercraft is $7,839.

The total estimated revenue to be earned from the Hospital District’s 2015 tax rates is $547,751.

In other business:

*The Hospital District Board received its audit report for the fiscal year ending on June 30, 2015.

Arndell said the audit was a clean opinion.

http://gcnewsgazette.com/wp-content/uploads/2015/09/web1_TLRMC-3-.jpg

By Matt Lasley

mlasley@civitasmedia.com

Reach Matt Lasley at 270-259-9622, ext. 2015.

Reach Matt Lasley at 270-259-9622, ext. 2015.

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