FY 2025 Budget and Tax Rate Information

For questions on the Budget or Tax Rate, please contact: 

Jeff Engbrock 
Chief Financial Officer/Comptroller
409-944-1215
mengbrock@gc.edu
Galveston College
4015 Ave Q 
Galveston, TX 77550
 

This year's levy to fund maintenance and operations expenditures exceeds last year's maintenance and operations tax levy.

 

Galveston Community College District PROPOSED A TAX RATE THAT WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE. THE TAX RATE WILL EFFECTIVELY BE RAISED BY 1.35 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $-4.50.

 
 

 

Information can be found at board of regents page.

The proposed FY2025 budget is $30,330,060 a increase of $1,024,575 or 3.5% from FY 2025

Budget and additional financial information can be found at financial transparency

The College has outstanding Debt of $30,912,536 not secured with Property tax and has no Interest & Sinking Tax Rate.

Actual FY 2023 Actual FY 2024 Actual FY 2024
0.132 .124 .1195

 

Annual Financial Reports can be found here.