Notices of Public Meetings on Proposed Budget and Tax Rate Adoption

The Galveston Community College District Board of Regents will convene on Monday, August 17, 2020, at 8 a.m. to hold public hearings on the FY2021 proposed budget and the 2020 tax rate.  The public hearings will be in Room M-220 of Moody Hall at Galveston College, 4015 Avenue Q, Galveston, Texas.

 

Meeting Notice – FY2021 Proposed Budget

 

Meeting Notice – 2020 Proposed Tax Rate Notice

FY2021 Budget and Tax Rate Information

· For questions on the budget or tax rate, please contact:

Jeff Engbrock

Chief Financial Officer\Comptroller

(409) 944-1215

mengbrock@gc.edu

Galveston College

4015 Avenue Q

Galveston, TX 77550

 

· Board of Regents information can be found at https://gc.edu/board-of-regents/

· The FY2021 budget is $23,366,745, a decrease of $275,250 or 1.2% from FY 2020.

· Budget information can be found at https://gc.edu/about-gc/business-office/financial-transparency/.

· The college has no outstanding debt or interest and sinking tax rate.

· The FY2021 M&Q proposed tax rate and no-new-revenue rate is .159188/100.

 

Actual Proposed*

FY2019 FY2020 FY2021

0.176188 0.171188 0.159188

· The certified FY2021 tax rate calculation worksheet can be found at https://wp.me/a9ALmy-9ty.

· Annual financial reports can be found at https://gc.edu/financial-transparency/.