Lone Star College System board members voted to lower the college system’s property tax rate for fiscal year 2025-56 during the board’s Oct. 2 meeting.

The action taken

The board unanimously approved a FY 2025-26 tax rate of $0.1060 per $100 valuation, down from last year’s rate of $0.1076. Trustee Rebecca Broussard was absent from the Oct. 2 meeting.

The average tax rate among college systems statewide is $0.1606, according to Oct. 2 presentation materials.

Diving deeper

According to the Oct. 2 meeting documents, the tax rate is made up of:

$0.0785 per $100 valuation for the maintenance and operations tax rate, up from last year’s rate of $0.0757.

$0.0275 per $100 valuation for the interest and sinking rate, down from last year’s rate of $0.0319.

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