Members of the Weatherford College Board of Trustees proposed lowering the 2015 property tax rate to 11.364 cents per $100 of valuation at their Thursday meeting.
On July 24, WC received a notice that Chief Appraiser Larry Hammonds certified the 2015 Parker County appraisal roll at $10,694,186,981.
WC administration is proposing to lower the tax rate adopted in 2014 of 11.464 cents to 11.364 cents for the 2015 tax year.
Two public hearings are required before a final tax rate can be adopted on Aug. 27. The first public hearing will take place at noon on Tuesday, Aug. 18, and the second at 5 p.m. on Friday, Aug. 21. A third and final hearing will take place during an Aug. 27 meeting at noon where the board will make a final decision on the tax rate. All meetings will take place in the board room located on the second floor of the Mince Administration Building.
The board was also presented with a 2015-16 proposed budget update by Andra Cantrell, Vice President of Financial and Administrative Affairs. The budget now stands at $56.4 million, an increase of $934,194 from the original proposed budget.
A copy of the 2015-16 budget can be found online at www.wc.edu/wc-budget.
In other business, the board:
- Approved bids from three vendors – Ben E. Keith Foods, C.D. Hartnett Company and Sysco North Texas – for food service products and supplies for 2015-16 totaling $259,950.
- Approved a bid from Dissinger Reed, LLC for $53,654 for intercollegiate athletic insurance.
- Heard a security audit report from WC Police Chief Paul Stone confirming the college has met all state requirements.
- Approved a sewer and water easement across WC property between Aledo ISD property and land currently under development in the Walsh Ranch project near Old Weatherford Road.
In his president’s report, Dr. Kevin Eaton:
- Recognized all those involved in the Peach Pedal Bike Ride which raised approximately $20,000 for the WC Foundation’s scholarship endowment.
- Recognized Coach Bob McKinley for his induction into the NJCAA Women’s Basketball Coaches Association Hall of Fame.
- Recognized Professor Marilyn St. Clair for being recognized as Post-secondary Business Teacher of the Year from the Mountain-Plains Business Association.
- Recognized all WC employees, board members and Parker County taxpayers as WC was recently ranked as the sixth best community college in the state.
- Reported employee resignation notices from Darleen Garrett, Christy Bowen and Kathy Foster.