BLINN BOARD TO DISCUSS PROPOSED TAX RATE

  

The Blinn Board of Trustees will consider approving and adopting a resolution on the proposed tax rate for the new fiscal year at its meeting this (Tuesday) afternoon.

Blinn College is proposing a tax rate of 5.6 cents per $100 valuation, the same as last year’s rate.  The proposed rate is lower than the no-new-revenue rate of 5.62 cents per $100, meaning that the College is not proposing a property tax increase.  The rate is also lower than the voter-approval rate of 6.11 cents per $100.

By readopting the current rate, the College would receive $6,785 less tax revenue in 2021 when compared to 2020.

Also at today's meeting, the College will look to grant administrators authority to proceed with the issuance and sale of 2020 revenue bonds and the refund of 2010 bonds.  It will also consider repurposing a portion of remaining bond proceeds from 2016.

The board will also consider negotiating and executing a contract for construction manager at risk services for the RELLIS Phase II Building on the RELLIS Campus.  It will also adopt a resolution honoring the service of Trustee Dan Gatewood, who has announced his intent to resign from the board.

The board will meet this afternoon at 5:30 p.m.  Public access to this meeting will be limited to Rooms 2 and 3 of the Brenham Campus Student Center.  The meeting will also be livestreamed on Blinn’s YouTube channel.