For 2021, the ACC Board of Trustees has approved the proposed property tax rate of $0.1048 ($0.0900 for Maintenance & Operations and $0.0148 for Debt Service) per $100 of valuation.
The Austin Community College District adopted a tax rate that will raise more taxes for maintenance and operations than last year's tax rate. The tax rate will effectively be raised by 7.0 percent and will raise taxes for maintenance and operations on a $100,000 home by approximately $7.01.
See the Order Setting Tax rate signed September 13, 2021.
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. 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. It cannot go above $0.09 without voter approval.
Information on the Austin Community College Fiscal Year 2022 Budget, as well as prior fiscal years can be located on the college’s budget page.
Prior fiscal year audited financial statements can be found on the financial statements page.
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.
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.
Tax Implications for ACC District Homeowners and Businesses - 2021-2022
|Property Value||Regular Homestead||Senior/Disabled Exemption||Commercial|
|NO ACC TAX||$105.80 Annual
|NO ACC TAX||$193.88 Annual
Updated September 14, 2021