Board of Trustees proposes maintaining Blinn College District’s current tax rate
Blinn will host public hearings regarding the tax rate Sept. 4 and Sept. 13
August 21, 2018
The Blinn College District Board of Trustees will consider a 2018 tax rate of $0.0601 per $100 of property value during its regular September meeting.
BLINN COLLEGE DISTRICT TAX RATE HISTORY |
|
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2017 | $0.0601 |
2016 | $0.0601 |
2015 | $0.0601 |
2014 | $0.0584 |
2013 | $0.0600 |
This rate would maintain the rate established in each of the last three years and would generate an estimated $1,973,274 in tax revenue to support Brenham Campus maintenance and operations. This rate equates to approximately $9.23 per month on the average Washington County home valued at $184,266.
The effective tax rate of $0.0592 would yield an estimated $1,947,626 in tax revenue, while the rollback tax rate of $0.0639 would yield an estimated $2,081,566.
Blinn will host two public hearings regarding the tax rate in the Blinn College District Board Room located in the Brenham Campus Administration Building at 802 Green Street. Those hearings will take place at noon on Tuesday, Sept. 4, and 6 p.m. on Thursday, Sept. 13. The board will vote to establish the tax rate at its regular September meeting at 6 p.m. on Tuesday, Sept. 18.
While Blinn provides services to a 13-county area, only Washington County resides within the College’s taxing district. Property tax revenue pays for approximately one-third of the Blinn-Brenham Campus’s maintenance and operations costs, with Brenham Campus student tuition and fee revenues funding the remaining costs. By law, property tax revenue cannot be utilized to fund campuses outside of the taxing district.
According to a survey conducted by the Texas Association of Community Colleges, the average 2017 Texas community college property tax rate was $0.1806.
According Blinn College’s most recent economic impact study, state and local taxpayers receive a 9.4 percent annual rate of return on their investment in the Blinn-Brenham Campus. For every dollar taxpayers spend supporting Blinn, taxpayers see $4.30 in social savings and benefits. Each year, Blinn-Brenham and its students add approximately $83 million in income to the local economy.