It is sad to hear, and hear of, those folks who currently relish in the financial problems of Lon Morris College. It is my understanding that both the City of Jacksonville and LMC enjoys a positive relationship with the other. However, my perspective is Jacksonville needs Lon Morris College so far more than the other way around.
First, let’s talk economics: the Money Multiplier “calculates the maximum amount of money that an initial deposit can be expanded to …”* (*Wikipedia). Bankers, municipalities, commercial developers, and others routinely use the money multiplier in prep-project analysis. Specifically, LMC pays approximately $6.0 million annually in salaries. Using a conservative money multiplier of 5 or 6, LMC’s economic worth to Jacksonville, and the surrounding area, is a measly $30 to $36 million per year. Are any of us prepared to give up that sort of economic impact?
Second, I do have a dog in this hunt: I am a Methodist and a math tutor at LMC for a whole four hours per week.
If we allow Lon Morriss College to fail we will all suffer tremendously.
Russell W. Maddox,
- Letters to the Editor
Kudos to ‘Tomato Republic’ cast, crew
THE STARS AT NIGHT WERE BIG AND BRIGHT, DEEP IN THE HEART OF TEXAS! The stars were the brightest the week of April 7, 2014 at the Dallas International Film Festival.
Commending ag exemption views
I have read the recent JDP letters regarding the Ag/Timber Exemptions with great interest and concern. This issue concerns a plan by our county Appraisal District to reevaluate our actual timber or agricultural usage of a property to increase revenue.
H.O.P.E event offers chance to help locals in need
A social worker once said to me “it is not easy to be poor in a small town.” Her reasoning varied but attributed it to a lack of public transportation, accessible healthcare, and employment opportunities. Other reasons were unavailable social service resources, employment training and higher education opportunities.
April is Child Abuse Awareness Month
Child Protective Services investigated more than 160,000 allegations of child abuse or neglect in Texas last year.
Ag, timer exemptions a ‘money grab’
I recently wrote a letter that was critical of the Appraisal District for forcing landowners to jump through hoops and spend money to maintain timber and ag exemptions on rural property.
Local veteran: ‘Is that what we fought for?’
The other night I was sitting at the house feeling alone and feeling down in the dumps. Wishing I was back in Vietnam, wishing I was anywhere but here in Cherokee County
A few more words on ag exemptions
People who claim an ag exemption and really do not tend to it are not benefitting the economy; all they are doing is forcing the rest of us to pay higher taxes to make up for their dishonesty.
What an amazing bit of gerrymandering in the opening lines of an article posted by Fox News this morning. The article: “Critics cry foul as feds place lesser prairie chicken on threatened species list” began with the first line with: “The Obama administration on Thursday announced plans to place the lesser prairie chicken on a list of threatened species...” and was quickly followed with: The Fish and Wildlife Service's decision, set to take effect around May 1 ... ”
Appraisal District ‘doing its job’
The letter to the Editor criticizing the steps being taken by the Appraisal District to verify whether or not owners of 11 acres or less are making legitimate use of their ag exemption exudes naïvete, disingenuousness, ignorance and a failure to understand economics.
Clearing up decision to audit property
It’s rarely advised to engage in a ‘letter to the editor’ debate. However, in view of our current activities and the recently posted letter to the editor in a local newspaper regarding such, I am writing this response to set the record straight.
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- Kudos to ‘Tomato Republic’ cast, crew