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ANDREWS – The county’s certified tax value could be in store for a larger hit than originally anticipated based on an estimate of less mineral value, according to a representative from Capital Appraisal Group who recently met with local officials. Kenneth Hitt provided an overview of oil-related topics impacting the county’s mineral value during a meeting with Andrews County Appraisal District Chief Appraiser Susan Brewer and governing entity leaders. A conservative estimate based on the price gauging oil value—coupled with lower production levels—revealed a 25- to 30 percent decrease in mineral value, according to Hitt. With that figure in mind, Brewer is anticipating ...

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Lamesa Press-Reporter

P.O. Box 710
Lamesa, TX 79331
806-872-2177