What's interesting is that Ray Reynolds and the Somervell County Hospital District were aware long before this about the looming bankrupcty and cannot claim, as Reynolds attempted to do in the latest Glen Rose Reporter paper of June 2, 2016
"We've only been in a hospital district for three years, so we have no reserve funds...If you know what to expect then you can plan for it, but we have no idea when we can expect payment".
Please. How is it that OTHER Somervell County entities, including Somervell County Commissioners Court, knew about the looming bankruptcy and prepared for it for the last couple of years, including making budget cuts? I distinctly recall John Curtis, County Commissioner for Precinct 2, doing a presentation several years ago (October 2013) for Commissioners Court in which he talked frankly about what services would be impacted by less property tax money from Luminant's bankruptcy. He had a list of services that were essential vs non-essential on papers hanging on his wall! In other words, the commissioners court was not only preparing citizens for what could happen, but themselves taking active and thoughtful steps for the next budgeting session. Somervell CAD as well knew, Wes Rollens has not only been on top with the local situation but informed about how other communities in Texas were/are dealing with the same thing. (Link is from 26 June 2015 CAD meeting). And, of course. When you have such a high percentage of property taxes coming all from one basket, it's only the prudent and responsible action to take to prepare.
At that point, GRMC could have made a decision to scale back and live within their means, including NOT operating a hospital district IN THE SAME TERRITORY as Hood County's hospital district. But nope.
Suppose this was you and me. . You find out that your job is going to Mexico, and at some point in the next 6 months you'll be in the unemployment line. You consult with your family and say, we can't spend on this and that and the other, we must tighten out belts. If it turns out that the situation changes, we won't be any the worse, but it does involve sacrifice.
GRMC pretended that all was as usual, maybe because they were trying to shmooze the self-important Pecan Plantation people who pay ZERO tax in Hood County's hospital district, and have a fancy, newly remodeled clinic in Pecan Plantation which people cannot enter without passing through a gate after getting permission (ie, this is not a PUBLIC clinic).
As power prices plummeted and especially in the past two years, we informed the Somervell County Appraisal District and county officials of our firm determination to arrive at a fair taxable value for Comanche Peak. So, we’re confident they’ve been aware for some time of how long this process may take.
And Ray Reynolds is apparently wanting to shift blame away from himself to Luminant. That might fly if it wen't for the irresponsible spending which GRMC did, while other county entities were prudent.
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