Saturday, February 22, 1997
Farm Bureau president first to testify on Bush
tax plan
By J.T. Smith / Farm Editor
The president of Texas' largest farm organization reaffirmed
the support of farmers and ranchers for Gov. George W. Bush's
property tax reform plan at an Austin hearing at mid-week.
Bob Stallman, president of the Texas Farm Bureau, was the first
public witness to appear before a House Select Committee on Revenue
and Public Education Funding on Wednesday.
The hearing was the first held by the select committee to take
public testimony. It marked the beginning of work on House Bill
4.
This bill contains the plan proposed by Gov. Bush in his State-of-the-State
address last month.
"We strong support the development and implementation
of another form of funding for public school finance that will
more closely track the economy of the State of Texas," Stallman
said in his testimony.
The Texas Farm Bureau president said HB4 accomplishes that
goal.
Property tax is inadequate for schools
Stallman said the property tax, the primary method of funding
the state's public schools, is inadequate to meet the needs of
school funding in the future.
"Property taxes have more than doubled in the past 10
years, while overall property tax values have declined 6 percent
in the same period," Stallman said. "Yet, the Texas
economy has grown significantly during the same period."
Stallman, a Columbus rice farmer, said tht retail sales increased
71 percent, and gross state product jumped 57 percent in the same
10-year period.
The Farm Bureau chief also pointed out that property taxes
on agricultural land - though valued on productivity rather than
market value - are still significantly higher than justified by
agriculture's share of the gross state product.
"The loss of agricultural valuation would make property
taxes almost confiscatory," Stallman cautioned legislators.
Stallman noted that agricultural land is not exempt from taxation.
Qualifying agricultural land is valued according to its productive
value.
Members questioned Stallman
Members of the committee questioned Stallman on sales tax exemptions
for agriculture.
Stallman pointed out that these exemptions are the same as
other industries receive on the cost of inputs or raw materials.
"Agriculture is - in reality - a manufacturing business,"
Stallman responded. "Our processes are biological rather
than physical, but the principle is the same."
Stallman said the sales tax exemptions help the economy by
boosting agriculture and other industries, and create jobs in
the process.
The Farm Bureau leader pledged the support of Texas Farm Bureau
in working with legislators and Gov. Bush to craft a plan that
addresses the dual goals of meaningful property tax reform and
quality education.
Bulls listed<
Santa Anna rancher Clay Pevehouse has two bulls liste in the
1997 Spring Sire Evaluation Report of the American Angus Association
of St. Joseph, Mo.
The report is issued in the spring and fall and has the latest
performance information available on 4,424 sires.
This information is in the form of expected progeny differences
or "EPDs."
The EPDs are can help cattle producers predict performance
of their animals.
Comanche ranch country soggy
With a week left to go in February, the sprawling ranch country
in Comanche County is soaked with water over the dams of stock
tanks, and creeks rolling.
"In the Comanche area, we had 3 to 4 inches in the Thursday
rain," said John Dudley of Dudley Bros. Herefords, Comanche.
"That brought us to 6 to 7 inches of rain just for February...so
far."
John said that is quite a contrast to his weather records of
February 1996.
"For last February, all I wrote was 'hot and dry' for
the <I>entire<I> month," Dudley said. "Cool
and wet is a nice switch."
Butch Albus of Parker Implement Company in Abilene tried to
travel on a county road near Santa Anna on Thursday and found
about 5 feet of water over the road near Burkett.
Albus covers a wide area and reports great optimism among farmers
and ranchers for 1997. Serious inquiries for new farm machinery
are clealy up this year over last.
Dan Childress in Callahan County reported 4.9 inches of rain
at his place near Cottonwood for February up to this weekend.
Riley Deatherage of Tye says there is already is enough moisture
to support the wheat crop through at least March.
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Copyright ©1997,
Abilene Reporter-News / Texnews / E.W. Scripps. Publications
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