VC expected to adopt higher tax rate Monday
Sept. 3, 2013 at 4:03 a.m.
No one from the public spoke at the Victoria College's second pubic hearing on its proposed 2-cent tax increase.
At a special meeting Tuesday afternoon, VC board of trustees held its final public hearing for setting its 2013-14 tax rate at 18.23 cents per $100 of assessed valuation.
The board is expected to adopt the rate at its regular monthly meeting Monday.
Under the new rate, the owner of a $100,000 home would see an increase of almost $22 a year on his or her tax bill.
The current tax rate is 16.06 cents per $100 assessed valuation.
The first public hearing was Aug. 21.
The board voted on the higher proposed tax rate to help pay for the $22 million in bonds for VC's new technology center, said Keith Blundell, vice president of administrative services.
In other business, the board discussed the upcoming Victoria Chamber of Commerce breakfast and the college's 9/11 memorial ceremony.
At the chamber breakfast, VC President Tom Butler is expected to give a "state of the college" address to the public about what the college has accomplished and endured this past year.
"We like to give the community an opportunity to learn about the activities that have occurred in 2012-2013," said Jennifer Yancey, vice president of college advancement and external affairs. "He'll go over things like our Quality Enhancement Plan, enrollment, our reaffirmation process with the Southern Association of Colleges and Schools, training programs and the Emerging Technology Center."
The 9/11 memorial event, taking place the same day as the chamber breakfast, will feature police cadets and fire academy students, Yancey said.
The ceremony will be held at a memorial tree that was planted by students a year after the Sept. 11 attacks.