Notice of Public Hearing on Tax Increase (2024)

August 28, 2024

District Communications

 

 

 

A tax rate of $0.149150 per $100 valuation has been proposed by the governing body of ALAMO COMMUNITY COLLEGE DISTRICT.

PROPOSED TAX RATE $0.149150 per $100
NO-NEW-REVENUE TAX RATE $0.148260 per $100
VOTER-APPROVAL TAX RATE $0.162714 per $100

The no-new-revenue tax rate is the tax rate for the 2024 tax year that will raise the same amount of property tax revenue for ALAMO COMMUNITY COLLEGE DISTRICT from the same properties in both the 2023 tax year and the 2024 tax year.

The voter-approval rate is the highest tax rate that ALAMO 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 ALAMO COMMUNITY COLLEGE DISTRICT is proposing to increase property taxes for the 2024 tax year.

A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON SEPTEMBER 10, 2024 AT 5:30 P.M. AT THE ALAMO COLLEGES CENTER OF EXCELLENCE FOR STUDENT SUCCESS, BOARD ROOM, 2222 N. ALAMO STREET, SAN ANTONIO TX 78215.

The proposed tax rate is not greater than the voter-approval tax rate. As a result, ALAMO 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 of ALAMO COMMUNITY COLLEGE DISTRICT at their offices or by attending the public hearing mentioned above.

YOUR TAXES OWED UNDER ANY OF THE RATES MENTIONED ABOVE CAN BE CALCULATED AS FOLLOWS:

Property tax amount= (tax rate) x (taxable value of your property)/100

FOR: Joe Alderete Jr., Anna Uriegas Bustamante, Dr. Lorena Pulido, Dr. Gene Sprague, Gloria Ray,Clint Kingsbery, Leslie Sachanowicz, Gerald Lopez

AGAINST: None

PRESENT and not voting: None

ABSENT: Dr. Yvonne Katz

Visit Texas.gov/PropertyTaxes to find a link to your local property tax database on which you can easily access information regarding your property taxes, including information about proposed tax rates and scheduled public hearings of each entity that taxes your property.

The 86th Texas Legislature modified the manner in which the voter-approval tax rate is calculated to limit the rate of growth of property taxes in the state.

The following table compares the taxes imposed on the average residence homestead by ALAMO COMMUNITY COLLEGE DISTRICT last year to the taxes proposed to be imposed on the average residence homestead by ALAMO COMMUNITY COLLEGE DISTRICT this year.

  2023 2024 Change
Total tax rate (per $100 of Value) $0.149150 $0.149150 Increase of $0.00 or 0.00%
Average homestead taxable value $295,184 $318,392 increase of 23,208, or 7.86%
Tax on average homestead $440.27 $474.88 increase of 34.61, or 7.86%
Total tax levy on all properties $329,039,311 $337,330,559 increase of 8,291,248, or 2.52%

 

For assistance with tax calculations, please contact the tax assessor for ALAMO COMMUNITY COLLEGE DISTRICT, The Office of the Bexar County Tax Assessor-Collector, at 210-335-6600 or taxoffice@bexar.org, or visit home.bexar.org/tax for more information