The CENTRAL TEXAS COLLEGE will hold two public hearings on a proposal to increase total tax revenues from properties on the tax roll in the preceding tax year by 6.998557 percent (percentage by which proposed tax rate exceeds lower of rollback tax rate or effective tax calculated under Chapter 26, Tax Code). Your individual taxes may increase at a greater or lesser rate, or even decrease, depending on the change in the taxable value of your property in relation to the change in taxable value of all other property and the tax rate that is adopted.

The first public hearing will be held on August 14, 2018 at 1:00 PM at Anderson Campus Center, Board Room, 6200 W Central Texas Expressway, Killeen, TX.

The second public hearing will be held on August 21, 2018 at 2:00 PM at Anderson Campus Center, Board Room, 6200 W Central Texas Expressway, Killeen, TX.

The members of the governing body voted on the proposal to consider the tax increase as follows:

FOR: Jimmy Towers, Mari Meyer, Bill Beebe BG(Ret) Rex Weaver Brenda Coley Dr. Joe Burns

AGAINST: Don Armstrong

PRESENT and not voting: none

ABSENT: none

The average taxable value of a residence homestead in CENTRAL TEXAS COLLEGE last year was $137,816. Based on last year's tax rate of $0.139900 per $100 of taxable value, the amount of taxes imposed last year on the average home was $192.80.

The average taxable value of a residence homestead in CENTRAL TEXAS COLLEGE this year is $141,012. If the governing body adopts the effective tax rate for this year of $0.138600 per $100 of taxable value, the amount of taxes imposed this year on the average home would be $195.44.

If the governing body adopts the proposed tax rate of $0.148300 per $100 of taxable value, the amount of taxes imposed this year on the average home would be $209.12.

Members of the public are encouraged to attend the hearings and express their views.

 

* "Appraised value" is the amount shown on the appraisal roll and defined by Section 1.04(8), Tax Code.

** "New property" is defined by Section 26.012(17), Tax Code.

*** "Taxable value" is defined by Section 1.04(10), Tax Code.