The Austin Community College District Board of Trustees voted Tuesday night to lower the college’s property tax rate to $ 0.0946 (9.46 cents) per $100 valuation. This approved FY2010 rate is down 0.8 percent from the FY2009 rate of $ 0.0954. This is the fourth straight decline, as annual figures indicate:
FY2010 $ 0.0946
FY2009 $ 0.0954
FY2008 $ 0.0958
FY2007 $ 0.0965
FY2006 $ 0.0991
ACC’s tax rate is among the lowest in the state. The average tax rate for Texas community colleges is $0.15 (15 cents).
“ACC provides an outstanding return on investment by providing quality education and workforce development at an affordable price,” says Nan McRaven, ACC board chair. “Our community continues to invest in ACC, and that investment has made a difference in the quality of life for all Central Texans.”
The Board of Trustees also voted to increase the property tax exemption for senior citizens and disabled residents to $105,000. That’s an increase of $10,000 compared with the FY2009 exemption. ACC’s senior and disabled resident exemption is by far the most generous among taxing entities in Central Texas.
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About the Austin Community College District (austincc.edu):
ACC, Central Texas’ community college, is the primary gateway to higher education and career training for residents in eight counties. The college provides access to affordable, quality education. ACC enrolls nearly 40,000 credit students, offering university transfer courses, two-year associate degrees, certificates, Early College Start, access programs that get students “college-ready,” and continuing education. At ACC you can “Start here. Get there.”
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By Milton Gatewood September 10, 2009 - 2:04 pm
Excellent leadership and example by the board and ACC leadership. Thank you.
By Bob Carter September 14, 2009 - 10:47 am
Fantastic job! I am a tax payer and have taken numerous classes at ACC. I have been totally impressed with the quality of instructors, the facility at the Cypress Creek Campus and the boards ability to control costs and reduce taxes. Thanks for working so hard!
By Alan Atherton October 29, 2009 - 4:09 pm
What and when was the first (original) tax rate?
By mreyes October 29, 2009 - 7:12 pm
In 1985, voters approved the college’s first tax rate – 5 cents per $100 valuation. Any increase requires voter approval – an occurrence that has happened only once in the college’s history. The About ACC webpages list other facts and historical information you might find interesting. Take a look!