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Regents table action on tax rate

by Darin Allred | Sep 22, 2015 <p> </p>

The Board of Regents of the North Central Texas Community College District tabled any action on a resolution to adopt the ad valorem effective tax rates for 2015 at their regular meeting Monday night.

Since three board members were not in attendance, board chairman Karla Metzler asked to table the item until a special meeting could be called with all regents present.

The administration recommended a combined tax rate of 0.121300 for 2015, comprised of the Maintenance and Operations (M&O) tax rate of 0.0811 per $100 valuation, and the Interest and Sinking (I&S) tax rate to be set at 0.0402 per $100 valuation.

The proposed tax rate will raise more taxes for maintenance and operations than last year's tax rate. The M&O tax rate will effectively be raised by 4.93 percent and will raise taxes on a $100,000 home by approximately $5.70.

The I&S tax rate represents the rate required for the general obligation bond that was approved by voters in November 2013.

In other action, regents approved Empirical Networks as the vendor for updating wireless equipment at a cost of $99,649.80. The NCTC Information Technology department will perform the entire installation of the equipment.

Two candidates were approved for employment including Serapio Pena as an Industrial Technology instructor, and Marlene Phillips as a Grant Writer.

The board heard a Fall 2015 enrollment report. System-wide, enrollment is down 5.5 percent to 9,576 students. System-wide Hispanic percentage of total enrollment did increase two percentage points. Also, enrollment by Cooke County students increased from 995 in Fall 2014 to 1,075 in Fall 2015.

The Board Chairman announced the appointment of regents to subcommittees. Christy Morris, Karla Metzler and Matt Chalmers will serve on the Finance Committee; Bill Ledbetter, Patsy Wilson and Matt Chalmers will serve on the Student Success Committee; Jon Grime, Dick Haayen and Patsy Wilson will serve on the Buildings Committee; and Patsy Wilson, Karla Metzler and Dick Haayen will serve on the Institutional Excellence Committee.

Also at Monday's meeting, NCTC volleyball player Kelsey Potter was recognized for being named the North Texas Junior College Athletic Conference Volleyball Player of the Week. Potter is a freshman from Glen Rose. In addition, representatives from TD Industries presented a plaque to NCTC President Dr. Brent Wallace and Roy Culberson, the Dean of Denton County Campuses.

Monday's meeting was held in the recently-renovated board room that was formerly the Little Theater on the Gainesville campus. Members of the NCTC Maintenance staff were recognized for their work in making the new board room a first-class facility.

Regents Jon Grime, Matt Chalmers and Bill Ledbetter were unable to attend Monday's meeting.

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