Panola County Judge Rodger McLane is closely monitoring the tax valuations this year, especially with the fluctuations in the natural gas field. With final assessments expected in mid-July, McLane is already planning for the county’s budget for the upcoming year.
At a recent budget workshop, department heads presented their budget needs, but McLane stated that there are no plans to cut positions and major changes compared to this year’s budget. However, he emphasized the importance of being cautious with expenditures and avoiding potential liabilities that could tie the county down the road.
In recent years, the county has made strategic investments, such as purchasing Mike Parker’s law office and converting it into an annex building. This move was funded by ARPA money from the federal government, with McLane emphasizing the need to responsibly use the funds to avoid returning them.
Despite the challenges posed by the oil and gas industry’s tax valuations, McLane remains optimistic about the county’s financial stability. He stressed the county’s commitment to providing efficient services while minimizing the burden on taxpayers.
As the county navigates through economic fluctuations, McLane urged residents to be patient and trust in the county’s ability to overcome challenges. With a focus on fiscal responsibility and long-term planning, Panola County is prepared to weather the storm and emerge stronger than before.
