As this first round of storms sweep through, flash flooding is possible as we have watches in effect since heavy rainfall is expected. These storms are on the strong side, but severe threat will be more towards later this afternoon into the night as they could become severe out west.
6-20-05 – The Denison City Council has approved an increase of the homestead exemption. The increase from $7,000 to $15,000 will provide tax relief to home owners over the age of 65, but also cost the city $98,000 in tax revenue.
The council approved the exemption by a 6 to 1 vote. They say the city’s expected growth should compensate for the loss in tax dollars.
The exemption will mean seniors will save an average of $40 a year.
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