County’s oil valuation drops 50%
HAYS — Ellis County will lose about 50% of its oil valuation from the ongoing sharp decline in world oil prices and the COVID-19 economic downturn.
That drop will be reflected in the county’s 2021 oil values, according to Ellis County Appraiser Lisa Ree.
“Oil prices are down, affecting the economy. COVID-19 is affecting the economy,” Ree told Ellis County commissioners Monday. “The effect of those two current events, what they will have on the local market, will not be for this year. We’ll review that as the year goes, and that will be reflected in the 2021 values.”
“Any idea on dollar-wise what that’ll be?” asked County Commissioner Dean Haselhorst.
“We had roughly $32 million assessed last year, for 2019,” Ree said. “So I’m projecting $13-or-$14 million assessed.”
As a result, the county’s 2021 budget will probably lose an estimated $500,000 in revenue that normally would be available, Ree said.
The county has about 1,500 oil leases, she said.
Additional arrest made in investigation
SALINA — Another search warrant related a sheriff’s office investigation led to an additional arrest Thursday.
The Saline County Sheriff’s Office said it executed the warrant Thursday afternoon at 1310 E. North St., Apartment 24. Drug paraphernalia, including pipes and syringes, were found in the residence.
The sheriff’s office said Maggie, the office’s K-9, was brought in and, after an additional warrant, a Mazda passenger car belonging to the resident of the apartment was searched, which uncovered about an ounce of methamphetamine.
Valerie Vogel, 26, was arrested in connection to possession of methamphetamine with intent to distribute within 1,000 feet of a school, as Lakewood Middle School is in the area, and possession of drug paraphernalia.
Sheriff’s Lt. Jeremiah Hayes said the investigation of the Feb. 23 aggravated robbery incident is ongoing.