OC trustees to consider tax rate

The Odessa College Board of Trustees will consider approval of the 2024 tax rate at their meeting at 6:30 p.m. Sept. 19 in the Wood Health Sciences Building Community Room, 201 W. University Blvd.

The proposed total tax rate for the coming year is $0.17688 per $100. The proposed rate is greater than the no new revenue tax rate, which means an increase of 3.04 percent.

The tax rate of $0.171666 last year for 2023 was a decrease of 9 percent from the 2022 tax rate of $0.188643, according to information from Odessa College.

Some other items on the agenda are:

Property Committee: Proposal for demolition property; monthly financial statements and budget amendments; and quarterly investment reports.

Informational Items are an education report; institutional effectiveness report; history report; Vision 2030 plus; the President’s report including the Fab Lab Maker Show, Wrangler Round-Up, Wood Health Sciences Building grand opening; Permian Basin Fair; and Positively OC students.