BLINN BOARD TO ADOPT RESOLUTION FOR 2022 TAX RATE

  

The Blinn Board of Trustees will vote tomorrow (Tuesday) on a resolution to set the 2022 tax rate.

Trustees will consider proposing a no new revenue rate of $0.0377 per $100 valuation, a voter approval rate of $0.0465, or keeping last year’s tax rate of $0.0513.

The no new revenue rate would yield an estimated $2,252,899 in tax revenue and equate to approximately $38 in annual taxes on a $100,000 home.

The voter approval rate would bring in an estimated $2,707,420 in tax revenue.  The owners of a $100,000 home would pay $47 in annual taxes.

With the existing rate, the College would collect a projected $2,956,075 in tax revenue.  The annual taxes on a $100,000 would amount to $51.

Trustees will also hear several reports and hold an executive session for the negotiation and execution of agreements related to the purchase of real property in Washington County.

The board will meet tomorrow at 10 a.m. in the third-floor board room in the Brenham Campus Administration Building.