Trustees divided the bond into two propositions totaling $386 million—an approximate 2-cent increase in the property tax rate to be phased in over time.
PROPOSITION 1: Planning and Construction for Future Growth
- ACC Highland Campus, phase II—includes repurposing Highland Mall to serve as a regional workforce innovation center, regional health sciences center including STEM simulator lab, digital and creative media center, culinary and hospitality center, and incubator space.
- New campus in Leander
- Acquisition of new property for regional workforce center in southeast Travis County
Proposition 1 total: $224.8 million
PROPOSITION 2: Existing Campus Growth, Renovation, Health, Safety, and Sustainability
- Renovating ACC’s almost 100-year-old historic Rio Grande Campus
- Constructing a regional ﬁrst-responders training center at Hays Campus
- Constructing an Elgin Campus workforce training center to house veterinary technician and sustainable agricultural entrepreneurship training
- Renovating buildings districtwide for health, environmental sustainability, safety, and technology
- Expanding Round Rock Campus
Proposition 2 total: $161.17 million
The college’s current maintenance and operations (M&O) tax rate is $0.09 (9 cents) per $100 valuation. The college also has a debt service rate that is about half a cent. The average property tax rate for Texas community colleges is $0.16 (16 cents). Even with the approximate two cent increase associated with the bonds, ACC’s property tax rate would remain below the current state average.
For a home valued at $200,000, the monthly tax impact of the bonds after exemptions would be:
|Standard homestead||Seniors, homeowners with disabilities|