Community colleges are funded differently than public four-year colleges and universities. There are three primary sources of revenue to community colleges:
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 2018-19 total tax rate is $0.1048 (10.48 cents) per $100 assessed property value. In comparison, the average Texas community college tax rate is $0.175 (17.5 cents) per $100 assessed property value.
Recent Tax Rate History
Property Tax Exemptions
ACC Board Policies CAI, CAIA and CAIB govern 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.
Tax Implications for ACC District Homeowners and Businesses - 2018-2019
|Property Value||Regular Homestead||Senior/Disabled Exemption||Commercial|
|NO ACC TAX||$62.69 Annual
|NO ACC TAX||$114.93 Annual
|NO ACC TAX||$167.17 Annual
Updated September 2018