Board of Trustees approves 2014 property tax rates

10.13.2014 | By Amanda Booren

PASADENA, Texas — The San Jacinto College Board of Trustees approved the 2014 ad valorem property tax rates for the College District during its regularly scheduled meeting on Monday, Oct. 6, 2014.

The rate approved by the Board is 18.5602 cents per $100 valuation of taxable property located within the San Jacinto Community College District. This is the same rate as was adopted for the last three years. Additionally, this rate is less than the effective tax rate that the College could have adopted under its truth-in-taxation calculations.

The tax rate is comprised of an assessment for operations (12.7045 cents) and a separate assessment for principal and interest due (5.8557 cents) during the coming year on outstanding general obligation bonds. The proposed debt service rate of 5.8557 cents is lower than last year’s rate of 6.0142 cents, due to the increase in certified values as compared to last year.

Based on certified property tax values for 2014 from the Harris County Appraisal District’s (HCAD) on Aug. 29, 2014, the adopted operating rate is expected to result in current year tax collections of $54.0 million for maintenance and operations, which represents approximately 26 percent of its unrestricted operating budget. San Jacinto College, like all Texas community colleges, is funded based on three major revenue sources: taxes, state appropriations, and tuition and fees.

The total taxes imposed on a residence homestead at the current year’s average appraised value of $109,265, at the proposed rate will be $193.52. A taxpayer owning a homestead residence and claiming the over 65 or older or disabled exemption would incur no taxes ($0.00) to San Jacinto College on a residence appraised at the current year's average appraised value.

“San Jacinto College provides our communities an excellent return on their investment in us,” said Mr. Dan Mims, Chairman of the San Jacinto College Board of Trustees. “The Board of Trustees remains committed to providing an affordable, quality education and workforce training programs. Our goal is to help students gain the skills they need to enter the workforce or to transfer to a four-year college or university.”


About San Jacinto College
Surrounded by monuments of history, industries and maritime enterprises of today, and the space age of tomorrow, San Jacinto College has been serving the citizens of East Harris County, Texas, for more than 50 years. As an Achieving the Dream Leader College, San Jacinto College is committed to the goals and aspirations of a diverse population of approximately 30,000 credit students. The College offers 186 degrees and certificates, with 46 technical programs and a university transfer division. Students benefit from a support system that maps out a pathway for success, and job training programs that are renowned for meeting the needs of growing industries in the region. San Jacinto College graduates contribute nearly $690 million each year to the Texas workforce.

For more information about San Jacinto College, please call 281-998-6150, or follow us on Facebook and Twitter.