Last week, it was announced that Howard College’s proposed total tax rate is approximately $0.21 / $100 valuation, which is a decrease from last year’s total rate of approximately $0.23/$100. The average home is valued at $81,284. With Howard College’s proposed total tax rate, the average home would see a decrease of $12.12. A home valued at $100,000 would see a decrease of $21.68.
Although Howard College’s proposed total tax rate for this year has decreased from last year, Dr. Cheryl Sparks, President of Howard College, advised that the rate will bring a 5 percent increase in tax money that the college receives. This 5 percent increase is for deferred maintenance and security safety.
Public tax hearings are scheduled for tomorrow, August 20th, at 12:30 PM in the Tumbleweed Room inside of the Student Union building at Howard College. The next public hearing will be on Friday, August 23rd at 12:30 PM in the same location.