ACC Taxes

Funding Overview

Community colleges are funded differently than public four-year colleges and universities. There are three primary sources of revenue to community colleges:

  • Student tuition & fees
  • State funding
  • Property taxes

Community colleges are the only public institutions of higher education that construct and maintain campus facilities without state funding assistance. Local community colleges have taxing authority for this purpose.

In-District Property Taxes

ACC operated for 14 years without a tax base. In 1986, ACC District voters approved the establishment of a maintenance and operations (M&O) tax capped at 5 cents per $100 valuation, in exchange for comprehensive programs and services. Voters raised that cap to 9 cents in 2003.

ACC has the largest tax base in Central Texas, enabling every cent to go further. The 2014-15 total tax rate is $0.0942 (9.42 cents) per $100 assessed property value. The average Texas community college tax rate is $0.16 (16 cents) per $100 assessed property value.

  • The property tax rate for maintenance and operations (M&O) is capped at $0.09 (9 cents) per $100 assessed property value. It cannot go above $0.09 without voter approval.
  • There currently is a $0.0042 rate for retirement of general obligation bonds for facilities.

Recent Tax Rate History

The 2014-15 property tax rate, $0.0942, is the college’s lowest tax rate in a decade. The Board of Trustees has maintained a steady rate of about 9.5 cents for the past several years:

  • 2014-15: $0.0942 – lowest tax rate in a decade
  • 2013-14: $0.0949
  • 2012-13 $0.0951
  • 2011-12: $0.0948
  • 2010-11: $0.0951
  • 2009-10: $0.0946
  • 2008-09: $0.0954

Property Tax Exemptions

ACC provides a $5,000 homestead exemption to all residential taxpayers. The college also has a $125,000 exemption for elderly taxpayers and homeowners with disabilities, for a total exemption of $130,000 for those taxpayers. It is the most generous exemption policy in the region.

ACC Board Policy G-7governs property tax implementation. Tax Code Section 11.13, Residence Homestead, and Tax Code Section 33.06 provide statutory authorization regarding homestead exemption and the option to defer collection of taxes for senior citizens and residents with disabilities.

  • Homestead exemption:$5,000 to all residential taxpayers
  • Exemption for seniors (65+) and homeowners with disabilities:$125,000 plus the homestead exemption, for a total exemption of $130,000
  • Deferring/postponing payment of taxes for seniors and homeowners with disabilities: File a tax deferral affidavit with your appraisal district. The deferral applies to all property taxes levied by all taxing units. Note that this only postpones your tax liability; it does not cancel it. Interest on the sum due accrues at the rate of 8 percent per year. Once you or your surviving spouse no longer own your home or live in it, past taxes and interest become due 181 days later.
  • Commercial property owners: Commercial properties are taxed at the same rate as residential property; however, per Texas Property Tax Code, commercial properties are taxed on both real property and personal property, while residential properties are only taxed on real property.

Implications for Homeowners & Businesses

Tax Implications for ACC District Homeowners and Businesses - 2014-2015 (Updated November 2014)

Property ValueRegular HomesteadSenior/Disabled ExemptionCommercial
$40,000 $32.97 Annual
$2.75/month
NO ACC TAX $37.68 Annual
$3.14/month
$80,000 $70.65 Annual
$5.89/month
NO ACC TAX $75.36 Annual
$6.28/month
$120,000 $108.33 Annual
$9.03/month
NO ACC TAX $113.04 Annual
$9.42/month
$160,000 $146.01 Annual
$12.17/month
$28.26 Annual
$2.36/month
$150.72 Annual
$12.56/month
$200,000 $183.69 Annual
$15.31/month
$65.94 Annual
$5.50/month
$188.40 Annual
$15.70/month
$240,000 $221.37 Annual
$18.45/month
$103.62 Annual
$8.64/month
$226.08 Annual
$18.84/month
$280,000 $259.05 Annual
$21.59/month
$141.30 Annual
$11.78/month
$263.76 Annual
$21.98/month
$320,000 $296.73 Annual
$24.73/month
$178.98 Annual
$14.92/month
$301.44 Annual
$25.12/month

 

Area Trends & Comparisons

Rates listed here do not address any exemptions and reductions for homesteads, senior citizens, and homeowners with disabilities.

NOTE: The ACC property tax exemption for senior citizens and homeowners with disabilities for FY2015 increased to $125,000, plus a $5,000 standard homestead exemption, for a total exemption of $130,000.

 

 FY2011FY2012FY2013FY2014FY2015
Austin Community College 0.0951 0.0948 0.0951 0.0949 0.0942
AustinFY2011FY2012FY2013FY2014FY2015
Austin ISD 1.2270 1.2420 1.2420 1.2420 1.2220
City of Austin 0.4571 0.4811 0.5029 0.5027 0.4809
Travis County Healthcare District 0.0719 0.0789 0.0789 0.1290 0.1264
Travis County 0.4658 0.4855 0.5001 0.4946 0.4563
Total 2.2218 2.2875 2.3239 2.3683 2.2856
PflugervilleFY2011FY2012FY2013FY2014FY2015
Pflugerville ISD 1.4600 1.4800 1.5400 1.5400 1.5400
City of Pflugerville 0.6040 0.5990 0.5940 0.5736 0.5336
Travis County Healthcare District 0.0719 0.0789 0.0789 0.1290 0.1264
Travis County 0.4658 0.4855 0.5001 0.4946 0.4563
Travis Emergency Service District NO2 0.1000 0.1000 0.1000 0.1000 0.0982
Total 2.6017 2.6434 2.8130 2.8372 2.7545
Round RockFY2011FY2012FY2013FY2014FY2015
Round Rock ISD 1.3800 1.3350 1.3800 1.3674 1.3375
City of Round Rock 0.4173 0.4232 0.4204 0.4195 0.4147
Williamson County 0.4600 0.4577 0.4490 0.4490 0.4465
Total 2.2573 2.2159 2.2494 2.2359 2.1987
GeorgetownFY2011FY2012FY2013FY2014FY2015
Georgetown ISD 1.2900 1.3580 1.3980 1.3980 1.3980
City of Georgetown 0.3562 0.3875 0.4100 0.4395 0.4340
Williamson County 0.4600 0.4577 0.4490 0.4490 0.4465
Total 2.1062 2.2032 2.2570 2.2865 2.2785
LeanderFY2011FY2012FY2013FY2014FY2015
Leander ISD 1.4548 1.4998 1.5119 1.5119 1.5119
City of Leander 0.6704 0.6504 0.6704 0.6679 0.6529
Williamson County 0.4600 0.4577 0.4490 0.4490 0.4465
Total 2.5852 2.6079 2.6313 2.6288 2.6113
Cedar ParkFY2011FY2012FY2013FY2014FY2015
Leander ISD 1.4548 1.4998 1.5119 1.5119 1.5119
City of Cedar Park 0.4935 0.4935 0.4935 0.4925 0.4850
Williamson County 0.4600 0.4577 0.4490 0.4490 0.4465
Total 2.4083 2.4509 2.4544 2.4534 2.4434
KyleFY2011FY2012FY2013FY2014FY2015
Hays CISD 1.4613 1.4613 1.4613 1.4613 1.5377
City of Kyle 0.4154 0.4845 0.5244 0.5483 0.5383
Hays County 0.4692 0.4691 0.4690 0.4690 0.4690
Total 2.3459 2.4149 2.4547 2.4786 2.5450
BudaFY2011FY2012FY2013FY2014FY2015
Hays CISD 1.4613 1.4613 1.4613 1.4613 1.5377
City of Buda 0.2576 0.2666 0.2713 0.2979 0.2978
Hays County 0.4692 0.4691 0.4690 0.4690 0.4690
Total 2.1881 2.1970 2.2016 2.2282 2.3045
ElginFY2011FY2012FY2013FY2014FY2015
Elgin ISD 1.5400 1.5400 1.5400 1.5400 1.5400
City of Elgin 0.7776 0.7539 0.7539 0.7539 0.7501
Bastrop-Travis ESD1 0.1000 0.0952 0.0954 0.0944 0.0996
Bastrop County 0.6192 0.6175 0.5168 0.5155 0.5156
Bastrop County Road - - 0.1146 0.1135 0.1134
Total 3.0368 3.0066 3.0207 3.0173 3.0187
FredericksburgFY2011FY2012FY2013FY2014FY2015
Fredericksburg ISD 1.1462 1.1462 1.1462 1.1462 1.1462
City of Fredericksburg 0.2365 0.2444 0.2648 0.2600 0.2482
Gillespie County 0.2621 0.2790 0.3101 0.3805 0.3971
Total 1.6448 1.6696 1.7211 1.7867 1.7915

Updated December 2014