Monday, August 22, 2016

Kilgore College lowers spending, adopts unchanged tax rate - Jimmy Isaac, Longview News-Journal

Kilgore College trustees approved a balanced $57.5 million spending plan Monday that leaves the tax rate unchanged despite declined property values. "No tax increase is pretty much an impossible task," trustee Joe Carrington said. "I applaud everyone holding the line," board President Larry Woodfin concurred. "We have a number of our peers who are not holding the line." The 2016-17 budget accounts for nearly $380,000 less spending than the current fiscal year, Kilgore College President Brenda Kays said. Administrators recommended no tax increase, no mid-year tuition increase, and not using any of the college's reserve funds to balance the 2017 plan. https://www.news-journal.com/news/2016/aug/15/kilgore-college-lowers-spending-adopts-unchanged-t/

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