Details for MCC/BUSINESS OFFICE

NOTICE OF PUBLIC HEARING ON TAX INCREASE
McLennan Community College will hold two public hearings on a proposal to increase
total tax revenues from properties on the tax roll in the preceding tax year by 5.73 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 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.
The first public hearing will be held on August 15, 2018 at 5:30 p.m. at Northwood
House at McLennan Community College, 1609 College Drive, Waco, TX 76708.
The second public hearing will be held on August 20, 2018 at 5:30 at Northwood House
at McLennan Community College, 1609 College Drive, Waco, TX 76708.
The members of the governing body voted on the proposal to consider the tax increase as
follows:
FOR:

Mr. K. Paul Holt
Ms. Pauline Chavez
Mr. Ricky Turman
Ms. Geneva Watley

Mr. Earl Stinnett
Mr. Doug McDurham
Mr. Bob Sheehy, Jr.

AGAINST: None
PRESENT and not voting: None
ABSENT: None
The average taxable value of a residence homestead in McLennan County last year was
$122,277. Based on last year’s tax rate of $0.150346 per $100 of taxable value, the
amount of taxes imposed last year on the average home was $183.84.
The average taxable value of a residence homestead in McLennan County this year is
$133,189. If the governing body adopts the effective rate for this year of $0.139695 per
$100 of taxable value, the amount of taxes imposed this year on the average home would
be $186.06.
If the governing body adopts the proposed tax rate of $0.147696 per $100 of taxable
value, the amount of taxes imposed this year on the average home would be $196.71.
Members of the public are encouraged to attend the hearings and express their views.

1400 COLLEGE DRIVE, WACO, TX 76708

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