Lone Star College System Trustees Adopt 2008 Tax Rate
Lone Star College System board of trustees lowered the 2008 tax rate at the Sept. 4 regular board meeting. The board previously adopted the 2008-2009 budget of $219,620,000 at the Aug. 7 meeting.
The 2008-09 tax rate of 11.01 cents per $100 property valuation means owners of a $100,000 home would pay $93.59 annually in college district taxes.
The maintenance and operations tax rate decreased from 8.09 cents to 7.66 cents (5.3 percent), while the interest and sinking tax rate remained at 3.35 cents.