吃瓜官网 board approves budget and tax rate
The 吃瓜官网 Board of Trustees approved a tax rate and budget for the 2021-22
fiscal year in a called meeting Tuesday.
The newly approved rate is 12.2476 cents per $100 valuation for Parker County taxpayers compared to 12.535816 cents per $100 in 2020.
鈥淲e are extremely proud that the board is able to cut the tax rate for the fourth time in the past five years,鈥� said 吃瓜官网 President Tod Allen Farmer. 鈥淲ith an increase in certified tax values, we are able to grow additional resources to meet the needs of our students.鈥�
Because of a 15.1 percent year-to-year increase in Parker County property valuations, the board could fund a $77.7 million budget with the lower rate. The 2021-22 budget includes a five percent across-the-board pay raise for faculty and staff as well as several new academic programs, technology and infrastructure upgrades, and other projects.