Truth in Taxation

Houston Community College ADOPTED A TAX RATE THAT WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE.

THE TAX RATE WILL EFFECTIVELY BE RAISED BY 8.00 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $-1.74.

The adopted tax rate is greater than the no-new-revenue rate. Houston Community College’s adopted total tax rate is reduced by 3.5% compared to last year’s tax rate.  Your individual taxes may increase at a greater or lesser rate, or even decrease, depending on the change in the taxable value of your property in relation to the change in taxable value of all other property and the tax rate that is adopted.

As shown in the chart below, the adopted tax rate of $0.092231 is the total of the Maintenance and Operations (M & O) tax rate of $0.077451 and the Debt Service tax rate of $ 0.014780. 

The debt service tax rate is lower than last year’s rate as the principal and interest payments for fiscal year 2024 are lower than the amounts due in fiscal year 2023.  The M&O tax rate is also lower than last year’s M&O rate.

A tax rate of $0.092231 per $100 valuation has been proposed by the governing body of Houston Community College.

The no-new-revenue tax rate is the tax rate for the 2023 tax year that will raise the same amount of property tax revenue for Houston Community College from the same properties in both the 2022 tax year and the 2023 tax year.

The voter-approval rate is the highest tax rate that Houston Community College 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 Houston Community College is proposing to increase property taxes for the 2023 tax year.

A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON October 4, 2023 AT 3:30 PM AT Houston Community College Administration Building, 3100 Main Street, 2nd Floor Auditorium, Houston, TX.

The proposed tax rate is not greater than the voter-approval tax rate. As a result, Houston Community College 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 Houston Community College Board of Trustees of Houston Community College 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

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 Houston Community College last year to the taxes proposed to be imposed on the average residence homestead by Houston Community College this year.

For assistance with tax calculations, please contact the tax assessor for Houston Community College at 713-718-8464 or , or visit www.hccs.edu for more information.

The proposed tax rate is greater than the no-new-revenue rate. Houston Community College’s proposed tax rate is 3.5% lower than last year’s tax rate. Your individual taxes may increase at a greater or lesser rate, or even decrease, depending on the change in the taxable value of your property in relation to the change in taxable value of all other property and the tax rate that is adopted

Notice About 2023 Tax Rates

Property tax rates in Houston Community College.

This notice concerns the 2023 property tax rates for Houston Community College. This notice provides information about two tax rates used in adopting the current tax year's tax rate. The nonew-revenue tax rate would Impose the same amount of taxes as last year if you compare properties taxed in both years. In most cases, the voter-approval tax rate is the highest tax rate a taxing unit can adopt without holding an election. In each case, these rates are calculated by dividing the total amount of taxes by the current taxable value with adjustments as required by state law. The rates are given per $100 of property value.

This year's no-new-revenue tax rate $0.084454/$100

This year's voter-approval tax rate $0.092231/$100

To see the full calculations, please visit https://www.hccs.edu/about-hcc/truth-in-taxation/ for a copy of the Tax Rate Calculation Worksheet.

Unencumbered Fund Balance

The following estimated balances will be left in the taxing unit's accounts at the end of the fiscal year. These balances are not encumbered by corresponding debt obligation.

Current Year Debt Service

The following amounts are for long-term debts that are secured by property taxes. These amounts will be paid from upcoming property tax revenues (or additional sales tax revenues, if applicable).

This notice contains a summary of actual no-new-revenue and voter-approval calculations as certified by Marshall B. Heins, Sr. Vice Chancellor of Finance & Administration/CFO on 09/11/2023.

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.

2023 Tax Rate Calculation Worksheet

Houston Community College

Tax Rates and Taxable Valuations

houston Community College

Budgeted Tax Revenues

(In Millions)

• FY 2023-2024 Budget
• Budget Information, including change in the budget from preceding to current year, by dollar and percentage.

• Most Recent Financial Audit

Staggered Terms:
Districts I, II, and VII
Districts III, VI, and VIII
Districts IV, V, and IX

*Elected to fill unexpired term

Houston Community College ADOPTED A TAX RATE THAT WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE.

THE TAX RATE WILL EFFECTIVELY BE RAISED BY 8.00 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $-2.15.

The adopted tax rate is greater than the no-new-revenue rate. Houston Community College’s adopted total tax rate is reduced by 3.6% compared to last year’s tax rate.  Your individual taxes may increase at a greater or lesser rate, or even decrease, depending on the change in the taxable value of your property in relation to the change in taxable value of all other property and the tax rate that is adopted.

As shown in the chart below, the adopted tax rate of $0.095569 is the total of the Maintenance and Operations (M & O) tax rate of $0.079192 and the Debt Service tax rate of $ 0.016377.

The debt service tax rate is lower than last year’s rate as the principal and interest payments for fiscal year 2023 are lower than the amounts due in fiscal year 2022.  The M&O tax rate is also lower than last year’s M&O rate.

Notice About 2022 Tax Rates

Property Tax Rates in Houston Community College

This notice concerns the 2022 property tax rates for Houston Community College. This notice provides information about two tax rates used in adopting the current tax year's tax rate. The no-new-revenue tax rate would Impose the same amount of taxes as last year if you compare properties taxed in both years. In most cases, the voter-approval tax rate is the highest tax rate a taxing unit can adopt without holding an election. In each case, these rates are calculated by dividing the total amount of taxes by the current taxable value with adjustments as required by state law. The rates are given per $100 of property value.

This year's no-new-revenue tax rate: $0.089018/$100
This year's voter-approval tax rate: $0.095569/$100

To see the full calculations, please visit https://www.hccs.edu/about-hcc/truth-in-taxation/ for a copy of the Tax Rate Calculation Worksheet.

Unencumbered Fund Balance

The following estimated balances will be left in the unit's accounts at the end of the fiscal year. These balances are not encumbered by a corresponding debt obligation.

Current Year Debt Service

The following amounts are for long-term debts that are secured by property taxes. These amounts will be paid from upcoming property tax revenues (or additional sales tax revenues, if applicable).

This notice contains a summary of actual no-new-revenue and voter-approval calculations as certified by Marshall B. Heins, Sr. Vice Chancellor of Finance & Administration/CFO on09/10/2022.

Visit Texas.gov/PropertyTaxes to find a link to your local property tax database on which you caneasily access information regarding your property taxes, including information about proposed taxrates 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 tolimit the rate of growth of property taxes in the state.

Houston Community College ADOPTED A TAX RATE THAT WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE.

THE TAX RATE WILL EFFECTIVELY BE RAISED BY 8.00 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $2.13.

The adopted tax rate is greater than the no-new-revenue rate. Houston Community College’s adopted total tax rate is reduced by 1.2% compared to last year’s tax rate.  Your individual taxes may increase at a greater or lesser rate, or even decrease, depending on the change in the taxable value of your property in relation to the change in taxable value of all other property and the tax rate that is adopted.

As shown in the chart below, the adopted tax rate of $0.099092 is the total of the Maintenance and Operations (M & O) tax rate of $0.081340 and the Debt Service tax rate of $ 0.017752.

The debt service tax rate is lower than last year’s rate as the principal and interest payments for fiscal year 2022 are lower than the amounts due in fiscal year 2021.  In contrast, the M & O tax rate is slightly higher than last year’s M &O rate.

Notice About 2021 Tax Rates

Property Tax Rates in Houston Community College

This notice concerns the 2021 property tax rates for Houston Community College. This noticeprovides information about two tax rates used in adopting the current tax year's tax rate. The no-new-revenue tax rate would Impose the same amount of taxes as last year if you compare propertiestaxed in both years. In most cases, the voter-approval tax rate is the highest tax rate a taxing unit canadopt without holding an election. In each case, these rates are calculated by dividing the totalamount of taxes by the current taxable value with adjustments as required by state law. The rates aregiven per $100 of property value.

This year's no-new-revenue tax rate: $0.095133/$100
This year's voter-approval tax rate: $0.099092/$100

To see the full calculations, please visit https://www.hccs.edu/about-hcc/truth-in-taxation/ for a copy of the Tax Rate Calculation Worksheet.

Unencumbered Fund Balance

The following estimated balances will be left in the unit's accounts at the end of the fiscal year. These balances are not encumbered by a corresponding debt obligation.

Current Year Debt Service

The following amounts are for long-term debts that are secured by property taxes. These amounts will be paid from upcoming property tax revenues (or additional sales tax revenues, if applicable).

This notice contains a summary of actual no-new-revenue and voter-approval calculations ascertified by Marshall B. Heins, Interim Sr. Vice Chancellor of Finance & Administration/CFO onAugust 19, 2021

NOTICE OF ADOPTED 2020 TAX RATE

Houston Community College ADOPTED A TAX RATE THAT WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE.

THE TAX RATE WILL EFFECTIVELY BE RAISED BY 7.48 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $1.

The proposed tax rate is greater than the no-new-revenue rate. Houston Community College’s adopted tax rate is the same as last year’s tax rate. Your individual taxes may increase at a greater or lesser rate, or even decrease, depending on the change in the taxable value of your property in relation to the change in taxable value of all other property and the tax rate that is adopted.

As shown in the chart below, the adopted tax rate of $0.100263 is the total of the Maintenance and Operations (M & O) tax rate of $0.079205 and the Debt Service tax rate of $ 0.021058.

The debt service tax rate is lower than last year’s rate as the principal and interest payments for fiscal year 2021 are lower than the amounts due in fiscal year 2020. In contrast, the M & O tax rate is slightly higher than last year’s M &O rate.

Property Tax Rates in Houston Community College

This notice concerns the 2020 property tax rates for Houston Community College. This notice provides information about two tax rates. The no-newrevenue tax rate would impose the same amount of taxes as last year if you compare properties taxed in both years. The voter-approval tax rate is the highest tax rate a taxing unit can adopt without holding an election. In each case, these rates are calculated by dividing the total amount of taxes by the current taxable value with adjustments as required by state law. The rates are given per $100 of property value.

This year's no-new-revenue tax rate: $0.094800

This year's voter-approval tax rate: $0.100647

To see the full calculations, please visit https://www.hccs.edu/about-hcc/truth-in-taxation/ for a copy of the Tax Rate Calculation Worksheets.

Unencumbered Fund Balances

The following estimated balances will be left in the taxing unit's accounts at the end of the fiscal year. These balances are not encumbered by corresponding debt obligation.

Type of Fund

Balance

Current Year Debt Service

The unit plans to pay the following amounts for long-term debts that are secured by property taxes. These amounts will be paid from upcoming property tax revenues (or additional sales tax revenues, if applicable).

This notice contains a summary of the no-new-revenue and voter-approval calculations as certified by Janet Wormack, Ed.D., Senior Vice Chancellor of Finance & Administration and CFO on September 4, 2020.

Download the 2020 Tax Notice as a PDF

he Houston Community College Board of Trustees, on Wednesday, September 4, 2019, adopted a tax rate of $0.100263 for tax year 2019. This tax rate is the same as the 2018 tax rate adopted by the Board of Trustees and less than the calculated 2019 Effective Tax Rate of $0.100679.

As shown in the chart below, the adopted tax rate of $0.100263 is the total of the Maintenance and Operations (M & O) tax rate of $0.077832 and the Debt Service tax rate of $0.022431

Download the Tax Notice as PDF

The Houston Community College Board of Trustees, on Wednesday, October 3, 2018, adopted a tax rate of $0.100263 for tax year 2018. This tax rate is the same as the 2017 tax rate adopted by the Board of Trustees and less than the calculated 2018 Effective Tax Rate of $0.103082.

As shown in the chart below, the adopted tax rate of $0.100263 is the total of the Maintenance and Operations (M & O) tax rate of $0.076751 and the Debt Service tax rate of $0.023512.

2018 Notice of Effective and Rollback Tax Rates

The Houston Community College Board of Trustees, in a special meeting on Thursday, October 12, 2017, adopted a tax rate of $0.100263 for tax year 2017. This tax rate is the same as the 2016 tax rate adopted by the Board of Trustees and less than the calculated 2017 Effective Tax Rate of $0.101130.

As shown in the chart below, the adopted tax rate of $0.100263 is the total of the Maintenance and Operations (M & O) tax rate of $0.076652 and the Debt Service tax rate of $0.023611.

The debt service tax rate is lower than last year’s rate as the principal and interest payments for fiscal year 2017 are lower than the amounts due in fiscal year 2016.  In contrast, the M & O tax rate is slightly higher than last year’s M &O rate.  In compliance with the Chapter 26, Tax Code we are providing notice to the public that THE 2017 M & O TAX RATE ADOPTED WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE.

THE TAX RATE WILL EFFECTIVELY BE RAISED BY 1.03 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $1.37. 

Houston Community College Notice of 2017 Proposed Tax Rate

The Houston Community College Board of Trustees, on Thursday, September 7, 2017, voted to approve the proposed tax rate of $0.100263 for tax year 2017. The proposed tax rate is the same tax rate as last year’s 2016 tax rate and less than the calculated 2017 Effective Tax Rate of $0.101130. In accordance with Chapter 26 of the property tax code, if the total tax rate proposed does not exceed the calculated Effective Tax Rate for 2017 then no public hearings are required.

The Board of Trustees is scheduled to adopt the tax rate on Thursday, October 12, 2017 at 3:30 p.m. at the HCC Administration Building, 3100 Main Street, 2nd Floor Auditorium.

As shown in the chart below, the proposed tax rate of $0.100263 is the total of the proposed Maintenance and Operations (M & O) tax rate of $0.076652 and the Debt Service tax rate of $0.023611.

Total tax revenues from properties on the tax roll in the preceding tax year will decrease by -0.86 percent (percentage by which proposed tax rate exceeds lower of rollback tax rate or effective tax calculated under Chapter 26, Tax Code). Your individual taxes may decrease at a greater or lesser rate, or even increase, depending on the change in the taxable value of your property in relation to the change in taxable value of all other property and the tax rate that is adopted.

The average taxable value of a residence homestead in Houston Community College last year was $265,776. Based on last year's tax rate of $0.100263 per $100 of taxable value, the amount of taxes imposed last year on the average home was $266.47.

The average taxable value of a residence homestead in Houston Community College this year is $287,832. If the governing body adopts the effective tax rate for this year of $0.101130 per $100 of taxable value, the amount of taxes imposed this year on the average home would be $291.08.

If the governing body adopts the proposed tax rate of $0.100263 per $100 of taxable value, the amount of taxes imposed this year on the average home would be $288.59.

The members of the governing body voted on the proposal to consider the tax increase as follows:

2017 Property Tax Rates in Houston Community College

This notice concerns the 2017 property tax rates for Houston Community College. It presents information about three tax rates. Last year's tax rate is the actual tax rate the taxing unit used to determine property taxes last year. This year's effective tax rate would impose the same total taxes as last year if you compare properties taxed in both years. This year's rollback tax rate is the highest tax rate the taxing unit can set before taxpayers start rollback procedures. In each case these rates are found by dividing the total amount of taxes by the tax base (the total value of taxable property) with adjustments as required by state law. The rates are given per $100 of property value.

Statement of Increase/Decrease

If Houston Community College adopts a 2017 tax rate equal to the effective tax rate of $0.101130 per $100 of value, taxes would increase compared to 2016 taxes by $3,224,486.

Schedule A - Unencumbered Fund Balance
The following estimated balances will be left in the unit's property tax accounts at the end of the fiscal year. These balances are not encumbered by a corresponding debt obligation.

Schedule B - 2017 Debt Service

The unit plans to pay the following amounts for long-term debts that are secured by property taxes. These amounts will be paid from property tax revenues (or additional sales tax revenues, if applicable).

This notice contains a summary of actual effective and rollback tax rates' calculations. You can inspect a copy of the full calculations at 3100 Main Street, 12th Floor, Houston, TX 77002.

Name of person preparing this notice: Teri Zamora
Title: Sr. Vice Chancellor Finance & Administration
Date Prepared: 08/24/2017

During the 86^th Texas legislative session, the Truth-in-Taxation guidelines were updated.

Click here for a brief overview of the guidelines.

New Language:

• Special Taxing Unit: Community Colleges now fall into this category
• The effective tax rate is now entitled the no-new-revenue rate (NNRR)
• The rollback tax rate is now entitled the voter-approval-rate (VAR).

• Special Taxing Units can still use the 8% trigger for voter-approval elections
• Adopting a tax rate above the voter-approval rate automatically triggers an election (no voter petition required)
• The De minimis tax rate does not apply to Special Taxing Units

The no-new-revenue-rate is a calculated rate that would provide the taxing unit with about the same amount of revenue it received in the year before on properties taxed in both years. If property values rise, the NNRR will go down and vice versa.

The voter approval rate is a tax rate that provides the taxing unit with about the same amount of tax revenue from the previous year, plus an extra eight percent increase, in addition to sufficient funds to pay bond obligations funded by taxes in the coming year. It is the highest tax rate a taxing unit can adopt without holding an election.

If the proposed tax rate exceeds or is greater than the NNRR or VAR, then HCC must hold one public hearing/meeting. The tax rate can be adopted after the public hearing but must be adopted within 7 days.

The governing body of a taxing unit other than a school district may not adopt a tax rate that exceeds the lower of the voter-approval tax rate or the no-new-revenue tax rate calculated as provided by this chapter until the governing body has held a public hearing on the proposed tax rate and has otherwise complied with Section 26.06 and Section 26.065.

The adopted tax rate is:

BELOW voter-approval tax rate → No election required

ABOVE voter-approval tax rate → Election required