News
TC Board passes slight tax increase at Monday’s meeting
At Monday’s board meeting, Texarkana College trustees voted to adopt a tax rate of $0.123081 for the 2019-20 budget year. This is an increase of $0.004966 over the current year’s rate of $0.118115 per $100 of assessed property value.
Smith said that even though the tax rate is a slight increase, TC will still have one of the lowest tax rates of all fifty community colleges in the state.
“No one likes taxes, including me; however, increased reliance on support from local taxpayers is the st...