Wednesday, July 23, 2014

MCC to leave property tax, tuition rates unchanged in spite of budget crunch - REGINA DENNIS, Waco Tribune

McLennan Community College won’t pursue a tax increase to cover a projected $750,000 drop in tuition revenue for the upcoming school year. MCC’s administration presented a preliminary budget to its board of trustees Saturday during the group’s annual summer retreat. The budget as proposed will keep the school’s property tax rate at 15.15 cents per $100 property valuation. Tuition also would remain unchanged at $106 per credit hour for McLennan County residents, $124 for out-of-county students and $181 for international residents. But the college has had to trim other expenses in anticipation of the drop in tuition and fees. Enrollment is projected to decrease by about 3 percent this fall, following an 8.8 percent drop in the student population during the 2013-14 school year. http://www.wacotrib.com/news/higher_education/mcc-to-leave-property-tax-tuition-rates-unchanged-in-spite/article_d5775dfe-4b1e-5f06-8992-b60f2d2ab352.html