Big Spring to Hold Emergency Meeting Over Budget

BIG SPRING - Big Spring leaders may have to take a knife to the city's budget.

The City Council will hold an emergency meeting tonight at 5:30 to hammer out some major budget issues.

The city says the Howard County Appraisal District miscalculated Big Spring's property values by about nine million dollars.

Council members will hear what that means for their already adopted budget and decide if they need to change the tax rate.

The council must also take action to rule on the validity of a tax rollback petition that was filed back in December.