El Paso Community College has proposed a tax rate of $0.103563 per $100 valuation for the upcoming year, maintaining the same level as the no-new-revenue tax rate, and steering below the voter-approval tax rate of $0.112629, effectively circumventing the need for a voter-held election. This approach aims to generate identical property tax revenue from the same properties as in the previous year, despite an average property valuation increase of 7.66% in the jurisdiction.
A public meeting to finalize this decision is scheduled for August 27, at 4:30 pm, located at 9050 Viscount, Room A200 in El Paso, Texas. Property owners who wish to voice their opinions on the proposed tax rate can do so by contacting the members of the EPCC Board of Trustees or by participating in the forthcoming public session. El Paso Community College's outreach offers stakeholders an avenue to express their positions on fiscal decisions that directly affect their financial commitments.
According to EPCC News, the tax levy on all properties is set to increase by 2.62%, from $74,137,259 to $76,080,803. This derives from both the property valuation rise and the proposed tax rate. These numbers also indicate a modest increment in the tax amount from $221.99 to $229.62 for the average residence homestead, amounting to a 3.43% increase based on last year's values and this year's proposed rate.
