Notice of Public Hearing on Tax Increase

Notice of Public Hearing on Tax Increase

A tax rate of $0.124 per $100 valuation has been proposed by the governing body of Galveston Community College District.

 

The no-new-revenue tax rate is the tax rate for the 2023 tax year that will raise the same amount of property tax revenue for Galveston Community College District from the same properties in both the 2022 tax year and the 2023 tax year.  The voter-approval rate is the highest tax rate that Galveston Community College District may adopt without holding an election to seek voter approval of the rate. The proposed tax rate is greater than the no-new-revenue tax rate. This means that Galveston Community College District is proposing to increase property taxes for the 2023 tax year.

A public hearing on the proposed tax rate will be held on August 16, 2023 at 8:00 a.m. at Galveston College, 4015 Avenue Q, Room M-220, Galveston, Texas 77550.

 

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 7.06 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $-8.00.

The proposed tax rate is not greater than the voter-approval tax rate. As a result, Galveston Community College District is not required to hold an election at which voters may accept or reject the proposed tax rate. However, you may express your support for or opposition to the proposed tax rate by contacting the members of the Board of Regents of Galveston Community College District at their offices or by attending the public hearing mentioned above.

 

For assistance with tax calculations, please contact the tax assessor for Galveston Community College District at 409-766-2260 or galcotax@co.galveston.tx.us, or visit www.galcotax.com/ property-tax/truth-in-taxation for more information.