TJC Tax Rate Hike Clarified
Posted/updated on: September 1, 2010 at 12:11 pm
TYLER — Tyler Junior College officials are clarifying the tax rate increase approved last week for the new fiscal year’s budget. Trustees approved a rate of 18.29 cents per $100 valuation — the amount originally proposed. That’s 33.57 percent higher than the current rate — and 31.62 percent higher than the effective tax rate, which is the figure that would bring in the current year’s revenue.