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5 • REGULARAngelina County Fresh Water District #1 (Angelina County)

Consideration and Approval of Financials: Mr. Holcomb presented the financial

Presented in: Board of Supervisors Regular Meeting - August 29, 2019 on 2019-08-29
Meeting Agenda PDF

Official Roll-Call Vote

Restrains Gov't • 2.1/10 Impact Weight
PASSED (1 - 0)
“Action on Item 5: Consideration and Approval of Financials: Mr. Holcomb presented the financial”
BR
Belinda Ross
Supervisor, Place 3
YES
JH
Jemmie Hageon
Supervisor, Place 1
ABSENT

Staff Report & Agenda Item Details

Consideration and Approval of Financials: Mr. Holcomb presented the financial information to the Board. There were no unusual expenses or items of note for the District’s operations. With regards to tax, the financial audit was completed for FY 2018 and paid out of tax funds within the quarter. Mr. Holcomb discussed the updated graphs being presented, as well as the idea of reserve funds. As of June, the District has collected 85% of its tax revenues. Mr. Holcomb noted that grant funds have allowed the District to grow. Mrs. Ross motioned to approve the financials. Mrs. Hartsfield seconded the motion. All members voted in favor, therefore the motion passed.

Bastiat Liberty & Property Rights Analysis

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.1/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.