Article by: Del Mar College
The Board of Regents of the Del Mar College District is scheduled to adopt the tax rate for 2012 and adopt the College budget for fiscal year 2012-2013 on August 28, 2012 at 12:00 p.m. in the Isensee Board Room, Harvin Center, East Campus, 101 Baldwin Blvd., Corpus Christi, Texas.
The Board will approve a proposal to increase the total tax revenues of the Del Mar College District from properties on the tax roll in the preceding year by .77 percent, thereby increasing the total tax rate to be levied for 2012 to Twenty Five and 8003/10,000 ($0.258003) on each One Hundred Dollars ($100.00) property valuation in the District. This year’s tax levy to fund maintenance and operations expenditures does not exceed last year’s maintenance and operations tax levy.