By Lew K. Cohn
Managing Editor
The Highlander
Burnet County commissioners set a historic precedent last year by selling tax notes to raise money for special road improvements in the county. On Tuesday, Feb. 28, commissioners voted how to distribute those funds, choosing a method which splits funds more closely in line with the taxable values of the four precincts, yet also allows for a little more equitable distribution of funds.
Last year, commissioners voted to approve issuance of $5.85 million in bonds to pay for road projects outside the normal scope of the work they do, based on estimates provided to the court by KC Engineering. Burnet County Judge James Oakley said the issuance of these bonds “doesn't affect the tax rate.
