Notice of Tax Revenue Increase
August 18, 2008
McLennan Community College conducted public hearings on August 14, 2008, and August 19, 2008, on a proposal to increase the total tax revenues of McLennan Community College from properties on the tax roll in the preceding year by 5.00%.
The total tax revenue raised last year at last year's tax rate of $.153002 for each $100 of taxable value was $15,240,935.
The total tax revenue proposed to be raised this year at the proposed tax rate of $.151134 for each $100 of taxable value, excluding tax revenue to be raised from new property added to the tax roll this year is $15,659,771.
The total tax revenue proposed to be raised this year at the proposed tax rate of $.151134 for each $100 of taxable value, including tax revenue to be raised from new property to the tax roll this year is $16,056,015.
The Board of Trustees of McLennan Community College is scheduled to vote on the tax rate that will result in that increase at a public meeting to be held on August 26, 2008 at 7:00 p. m. in The Northwood House at McLennan Community College, 1609 College Drive, Waco, Texas.