AMARILLO,TEXAS -- Tuesday we reported on the Potter-Randall County Appraisal District's realization that property values are flat-lining.
For districts that set their tax rates on those values, it could mean hardships in the future.
One of those groups impacted is the Amarillo school district. However, the district is a step ahead of the game and they were already counting on property values not making a huge spike either way.
The school board and administrators started planning for just such a contingency like this in their ongoing 5-year district wide plan.
Assistant Superintendent Les Hoyt says they try to be fiscally responsible with budgets and taxes, and lower property values shouldn't be a major problem.
"It just takes everybody having to be cautious and conservative as they plan and that's exactly what we always tried to do as we've looked out...like I said, we've always used a 5 year projection so we can see if there's anything down the road that we need to be concerned about."
Meanwhile, a newly released national poll shows 45 percent of the country expects property values to remain the same, but that number is down almost 15 percent from January.
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