At their regular monthly meeting Thursday night, Aug. 16, SWTJC board members scheduled two public hearings on a proposed tax rate of 13 cents per $100 valuation, the same tax rate as last year.
The hearings are required because the proposed rate is slightly higher than the effective tax rate of 12.58 cents. Hearings will be held at noon on Aug. 30 and Sept. 6 in the Bluebonnet Room of the Matthews Student Center. Board members will consider officially adopting the 2012 tax rate at their regular monthly meeting on Sept. 20.
Trustees voted four to two to propose the 13 cent rate, with trustees Dr. Antonio Rivera, Dr. Harry O. Watkins, Nita Shackelford and Victor Lopez voting for, and trustees Tony Moreno and Elena Lara voting against.
Prior to scheduling the hearings, associate dean of finance Anne Tarski noted that this year's adjusted tax base in the college's taxing district is $1.8 billion, a $44.9 million increase over 2011. SWTJC's taxing district includes Uvalde, Real and Zavala counties.
In other action at the board's Aug. 16 meeting, trustees directed college financial staff to issue a request for proposal for financing the proposed construction project on the SWTJC Del Rio campus. The project, which includes the addition of a new 36,000 square-foot academic building and a new 5,900 square-foot administration building, will cost an estimated $7.9 million.
Trustees approved selecting First State Bank of Uvalde as the college depository. Action on food service bids and new faculty hires was tabled.
Following the regular board meeting, the board of the Southwest Texas Junior College Foundation, Inc., met and approved the purchase of 18.1 acres of land near the SWTJC Eagle Pass campus with financing through International Bank of Commerce.
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