Collin College tax rise proposed

by | Aug 15, 2018 | Education

Collin College trustees propose increasing the property tax rate by a fraction of a penny to help fund a proposed fiscal year 2018-‘19 budget of $285.7 million.

The board of trustees will conduct the first of two meetings on the tax rate at 5:30 p.m. Thursday, Aug. 16 in Collin Higher Education Center, 3452 Spur 399, McKinney. A second public hearing on the tax rate is set for Tuesday, Aug. 21.

Trustees are proposing a 2018 property tax rate of 8.1222 cents per $100 assessed valuation, a little higher than the 2017 levy of 7.819 cents.

Effective tax rate, the levy needed to raise the same amount of revenue as in the prior year, is 7.27052 cents. The rollback rate is 8.1226 cents.

The proposed 2018 tax rate is broken down into 7.8194 cents for maintenance and operations, plus 0.03032 cents for debt service.

Revenues calculated for the 2018-‘19 budget are $287.7 million, slightly more than estimated expenses.

From Staff Reports • [email protected]

For more stories like this subscribe in print or online.

 

0 Comments

Related News

WISD approves plan for virtual learning

WISD approves plan for virtual learning

Wylie ISD parents wishing to have their children receive instruction online may apply for a spot in the district’s newly formed Virtual Learning Academy.  The Wylie ISD board approved a temporary virtual learning option Aug. 31 during a special meeting. VLA is...

read more
Teachers excited to have children back in classrooms

Teachers excited to have children back in classrooms

Whitt Elementary School fourth-grade math teacher Mad­ison Shattuck missed the con­ventional rhythms of classroom instruction last year. “Excited is mainly what I am,” she said about the return to normal classroom teaching this year, when teachers will have classes in...

read more
Four teachers take different paths to classroom

Four teachers take different paths to classroom

Tim Shelby left his work in retail – a national grocery chain and two pharmacy stores – to enter the teaching ranks. But while new teachers in Wylie ISD fall normally in the Millennial and Generation Z demographic, Shelby, at 63, is easily a generation removed. For...

read more
Free meals provided for students this year

Free meals provided for students this year

There’s still no such thing as a free lunch, even if students don’t have to pony up any money at the cafeteria this year. The United States Department of Agriculture has issued extended waivers that will allow schools to offer free meals – breakfast and lunch – to all...

read more
Students learn valuable skills from national group

Students learn valuable skills from national group

Camryn Shupe considered herself lacking a certain charac­teristic before her involvement with SkillsUSA. That trait — confidence — has grown since she started with the national organization that seeks to help secondary school and college students build per­sonal and...

read more
Wylie ISD to target math instruction

Wylie ISD to target math instruction

Wylie ISD will receive mil­lions of dollars from the last stimulus package, with some of that money targeted to help increase school district math testing scores. Drops in WISD math scores on the STAAR from 2019 to 2021 could be seen especially in grades five through...

read more
Educator looks back with fondness on career

Educator looks back with fondness on career

When longtime teachers leave the profession, many if not all leave with lasting mem­ories. For Wylie High School re­tiree Teri Harrington, who re­tired at the end of the 2020-21 school year, those 23 years of memories came inside and out­side the classroom. Harrington...

read more