ACC Bond and Tax Cap Election

Bond Propositions

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
Bond propositions $3.33 $1.33