August 27, 2019 Edition
Serving all of Fannin County For 47 Years Locally owned & operated
The Paper Of Record for Fannin County Texas
Classifieds are on pages: 18, 19, 20, 21, 22 224 N. Main St., Bonham, TX 75418 fcleader@verizon.net
Circulation 15,611 - Bailey, Bonham, Dodd City, Ector,
Gober, Honey Grove, Ivanhoe, Ladonia, Leonard, Randolph, Ravenna, Savoy, Telephone, Trenton & Windom
www.fannincountyleader.us
Ph: 903-583-3280 • Fax 903-583-3945
Is Your A/C System Needing to be Serviced or Replaced? The Comfort Pros The Comfort Pros Air Conditioning & Heating 100% Financing Available WAC Air Conditioning & Heating 6/17/14 “Indoor Comfort by the Pros” “Indoor Comfort by the Pros”
903-587-2161 Servicing All of Fannin County
TACLB005958C
We Specialize In Residential Home Comfort Servicing All Of Fannin County We offer financial solutions with local decision making
WE’D LOVE TO BE YOUR IT'SBANK! TIME TO CALL THE PROS!
Is your A/C System needing to be replaced?
Up to $1200 Rebate on Carrier System
With affordable name-brand systems, our goal is to design a system that is right for your home and budget.
100% PERSONAL Financing BANKING Available
COMMERCIAL BANKING
PERSONAL LENDING
FirstUnitedBank.com
COMMERCIAL LENDING
With Approved Credit
www.toproof.net BONDED/FULLY INSURED
Serving North Texas Area Since 1981 3/26/19$25.00 OFF
$99.00
120 W. Sam Rayburn Dr. • BONHAM • 903-583-2101 200 W. Collin St. • LEONARD • 903-587-3314
that help meet your financial challenges.
MEMBER FDIC.
903-821-7663 Tommy Stapleton, Owner
INSURANCE CLAIMS SPECIALIST
Tune-up City of Bonham Proposes a Lower Tax Rate as They Plan for the Future
Comprehensive A/C
NEXT REPAIR
(Includes up to 2 lbs R-22)
SERVICE ALL BRANDS
www.thecomfortprosllc.com
(Must present coupon at time of service)
Expires 6/30/12 By Sandy Hood
rate adoption. The proposed taxExpires 6/30/12 The Bonham City Council rate is .6550. The hearing dates held a special meeting on Auare August 26th at 5:30pm & gust 20th for a Budget WorkSeptember 3rd at 5:30pm. Both shop. The Workshop was well hearings will be held at the City planned and impressive! City Hall. The proposed tax rate is a Manager, Sean Pate and Direc3 cent reduction from the cur- tor of Finance, Dave Struchtemeyer conducted the Workshop. rent tax rate. (Must present coupon at time of service)
A PowerPoint presentation covered key factors & significant changes and challenges in the budget process; A Plan of Action for the City’s Future. Sean stated, “The city operates on a budget and everything we do costs money. We
07/02/19
The Bonham City Council voted on the intent to establish an Ad Valorem Tax Rate for the tax year beginning January 1, 2019, and to schedule public hearing dates for the tax
try to live within the means of what taxes and user fees bring in.” They covered significant changes to expenses & revenues and challenges coming up. There were 4 funds covered: General, Water & Sewer Enterprise, Airport and EMS.
Bonham Building Supply 2430 N Center • Bonham, Texas • 903-583-1874 137963
137962
Duracell Alkaline Batteries 16 pack AA AAA SALE REG
$15
501197
SALE
REG
$1699 $1499
99
$10
99
254869
REG
$6
49
REG
99
SALE
254931
$349
Raid Wasp & Hornet Killer 2 pack
SALE
REG
$12
$12
99
Ball Wide Mouth Mason Jars 1 Qt. 12 pack
Ball Preserving Starter Kit 254209
Pennzoil 1 Qt. Motor Oil
141858
$9
99
SALE
$799
General Fund is what citizens get for their taxes; police, fire, EMS, library, administration, streets, etc. Franchise fees and sales tax are a part of this fund. General Fund concerns are: • Available housing is a concern. Bonham is 400 housing units short. The city has been aggressive in dealing with this issue. As you drive around Bonham there are quite a few single family homes being built. • Rolling stock and heavy equipment is outdated and requires high dollar maintenance. • Infrastructure/streets are something the city is working on. • Preparing for future growth; codes are being updated, infrastructure is being improved, etc. • Staying competitive – Bonham is closely located to the metroplex and behind in pay. Bonham cannot compete with bigger cities. Creativity is being used to improve pay, benefits and the retirement system. City staff recommend a 3% raise (cost $161,000), 1 additional Personal Day off for fulltime staff and changing the retirement ratio to 2 to 1 (cost; $140,000). Revenue – Property tax revenue grew 7%. Because there was such a large increase in valuation of properties, and about $5 million in tax base growth, the rollback rate proposed is 3 cents lower than the current rate. Property taxes are 36% of revenue. Sales tax is about 19% of revenue. Property tax revenue grew 7% and the tax base grew 12%, with about 11% of that coming from increased property value. Sales tax is budgeted with a 4.5% growth rate. Continued See City on page 5
$799
$399
Stanley Folding Sawhorse 2 Pack 240391
REG
$1099
SALE
SALE
$3999 $2999
Sale $1049 252833
252121
18 Gal. Sterilite Storage Tote in Fresh Melon, Hazelwood and Blue Morpho REG
$999
SALE
$599
Deer Corn 50#
REG
$799
Sale $759
Sale Dates: August 25 through August 31 OPEN: Mon. - Sat. 7 AM - 6 PM
Honey Grove (903) 378-2200 Fax (903) 378-2436 P.O. Box 9 901 E. Main
7/30/19
REG
MEMBER
822716
Bonham (903) 583-5522 Fax (903) 583-2436 P.O. Box 160 230 E. 3rd
Buck Ration 50# REG
252123
FREE Checking that pays you a high interest rate each month! Go to www.fanninbank.com for more information
Lamplight Farms Americana Bamboo Torch 60 in
FANNIN BANK
All Shop Fox Machines up to 15% off Regular Price!