HCC promises to balance budget shortfall; some trustees concerned - Trent Selbert, Texas Monitor

Houston Community College is facing a $15 million shortfall for the 2018 fiscal year that ends in August, but college officials told the system’s board of trustees Wednesday that a plan is in place to contain costs and to come in within budget. This comes as HCC considers a tax hike for property owners in its jurisdiction for the next fiscal year, which would mean a $4.50 increase in taxes for a home worth $100,000 and an $11.28 increase for a home worth $250,000. A tuition hike for students, also proposed, was defeated in a board vote. A tax hike can be approved by the board, but the trustees must hold hearings if HCC proposes a rate that produces higher taxes than what was collected in the previous year. https://texasmonitor.org/hcc-promises-balance-budget-shortfall-trustees-concerned/