- Category: General Interest
- Published: Friday, October 05 2012 09:00
- Written by Kathy Olivarez
“Passing this bond issue is not a choice, it is a necessity. While voting for the bond issue may raise taxes by $25 a year, that is nothing compared to the cost of losing one’s home and possibly life in the flooding that would occur. We need to get the word out to make people understand how critical the drainage issue is,” said Dr. Gloria Egli of Weslaco, at the Weslaco Town meeting on the upcoming $184 million bond election to address drainage issues.
The $25 Elgi referred to was based on the value of a property valuation of $100,000. At a tax increase of $0.025, the average increase to property owners would be $25 per year. The average property in Hidalgo County is valued at slightly less than $100,000.