No Tyler Junior College taxpayers attended the first of two public hearings about the school’s proposed tax revenue increase.
The college is proposing to hold the line on the tax rate but increase its revenues to address the needs of new programs.
The college expects to propose a budget of about $82.8 million, although the exact figure is still being worked out. That would be an increase of more than $4 million from last year’s adopted budget.
The college is proposing to maintain the existing tax rate of 19.99 cents per $100 valuation.
The owner of a $100,000 home would pay about $199.90 in property taxes, the same as last year.
The average TJC homeowner would pay about $265 in property taxes. The average home value in the TJC district this year is $132,583, up more than $3,330 from $129,255 last year.
“I think we’re doing a whole lot with what we have and doing our best to hold the line on taxes and not place more of a burden on students,” TJC President Dr. Mike Metke previously said.
The next public hearing is scheduled for 11 a.m. Thursday in the White Administrative Services Center Board Room on the TJC main campus, 1400 E. Fifth St.