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WC board proposes decreased tax rate

The Weatherford College Board of Trustees voted to propose a Parker County ad valorem tax rate of 11.947 cents per $100 valuation for the 2018-19 budget year during a meeting held Monday evening. This is the third time out of the past four years the board has proposed to reduce the tax rate from the previous year.

Due to a 6.8 percent increase in Parker County property valuations, the new tax rate would generate additional funds for the college bringing the annual budget to $56.6 million. Additional revenues will assist in funding the college’s new enterprise resource planning (ERP) computer system, major repairs and renovations and new personnel.

Two public hearings are required before the board can take action on adopting the rate. Hearings are scheduled for noon Wednesday, Aug. 22, and 6 p.m. Monday, Aug. 27. Both meetings will take place in the Mince Board Room located on the second floor of the Mince Administration Building.

The final tax rate and 2018-19 budget will be adopted during a 2 p.m. meeting on Thursday, Aug. 30, in the Allene Strain Community Room located in the Doss Student Center.

In other business, the board:

  • Approved the minutes from the July board meetings.
  • Approved the financial reports ending July 31, 2018.
  • Approved sealed bids for color and web printing services for 2018-19.
  • Approved sealed bids for grounds maintenance and landscaping services.
  • Approved Policy BD (Local) regarding future board meeting dates and times.
  • Appointed WC President Dr. Tod Allen Farmer To the Weatherford Economic Development Authority Board.
  • Approved an MOU for the City of Weatherford to develop a roundabout at the main entrance of the campus at the intersection of College Park and Martin Drive.
  • Received an update on the 2018-19 budget.
  • Received an update on Guided Pathways.
  • Received a report on demand studies.

In his President’s Report, WC President Dr. Tod Allen Farmer:

  • Recognized the WC Collegiate Future Farmers of America chapter and Agriculture Club on their recent success at the Texas Collegiate FFA Convention in Fort Worth.
  • Recognized former Coyote basketball player Vlatko Granic for his contract with the Manchester Giants of the British Basketball League.
  • Reported the retirement of Patty Boyette, Student Services Administrative Assistant, and the resignation of Anisa Hatfield, Granbury Education Center Secretary.
  • Provided the annual testing report.
  • Provided an enrollment update for the Fall 2018 semester. To date, enrollment is 5,102 students and there are just under four weeks before the count date for official enrollment figures.