Discussion and possible action to authorize the County Treasurer to close the non-interest-bearing escrow bank account at Falcon International Bank designated for Scofflaw. Issue: Commissioners Court authorized the County Tax Assessor Collector to open a bank account to implement Hamer Enterprises Scofflaw Program. However, the non-interest bearing escrow account resides with Texas Department of
Official Roll-Call Vote
Staff Report & Agenda Item Details
Discussion and possible action to authorize the County Treasurer to close the non-interest-bearing escrow bank account at Falcon International Bank designated for Scofflaw. Issue: Commissioners Court authorized the County Tax Assessor Collector to open a bank account to implement Hamer Enterprises Scofflaw Program. However, the non-interest bearing escrow account resides with Texas Department of Motor Vehicles (TxDMV) as per Attachment B, Section B. of the agreement, so the account is not necessary. Solution: Close the non-interest bearing account at Falcon International Bank. Result: The County will maintain the required balance in the escrow account established with TxDMV and close the bank account opened with $0.01 at Falcon International Bank.
Bastiat Liberty & Property Rights Analysis
This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 2.9/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).