Courtesy Facebook
Some good news as taxes associated with Texarkana College will remain flat in the coming year.
Here is the Press Release from the College:
At today’s meeting, Texarkana College trustees adopted the 2020-21 tax rate of $.123081 for TC’s taxing district which includes all of Bowie County. This rate is the same exact rate as the current year’s and results in no tax rate increase for Bowie County property owners. TC’s taxing district includes all of Bowie County and is adopted annually by trustees once certified property values from Bowie County Appraisal District have been received.
In other business, trustees approved College’s budget and compensation plan for the 2020-21 fiscal year. TC’s Chief Financial Officer, Kim Jones, said the budget is balanced based on current projections and estimates. “We presented a break-even budget today reflecting adjustments and revisions of some preliminary projections presented in prior budget drafts,” said Jones. “Because we are operating in very uncertain times during the COVID-19 pandemic, we will remain vigilant in monitoring the budget throughout the fall and spring semesters and be prepared to adjust further as needed. The current budget includes tuition rates and the compensation plan for 2020-21. There are no significant changes to the 2020-21 compensation plan as compared to the previous year.”
Action was also taken to order a trustee election for November 3, 2020 to fill the expired terms of places 5, 6, and 7. TC president, Dr. Jason Smith, said that he is grateful for the service of trustees Kaye Ellison, Kyle Davis, and George Moore who have filled these seats through the years and who have served TC so well. “During my time as president, I have been blessed to work with amazing trustees who are dedicated to student success and the support of TC faculty and staff,” said Smith. “I want to thank trustees Ellison, Davis, and Moore for serving TC through very pivotal times including the current pandemic. I am so grateful for their leadership and devotion to the mission of our institution.”
Open positions are six-year terms and are at-large seats meaning trustees elected to these places represent all residents of Bowie County. TC will enter into a Joint Election Agreement with Bowie County and the election will take place in correspondence with Bowie County polling places. Early voting will be from Tuesday, October 13, 2020, to Friday, October 30, 2020.
A report was also given to trustees by Dr. Donna McDaniel, Vice President of Instruction, who
shared information about the on-going success of TC’s TRIO program and the recent good news
of a funded continuation grant.