PASADENA, Texas — The San Jacinto College Board of Trustees approved the 2022 ad valorem property tax rate for the College district during its regularly scheduled October meeting.
The rate approved by the Board is 15.5605 cents per $100 valuation of taxable property located within the San Jacinto Community College District, which is approximately $0.0124 (7.36%) below the prior year's rate. It is comprised of an assessment for maintenance and operations (10.5500 cents) and a separate debt service tax rate (5.0105 cents).
The no-new-revenue tax rate is less than last year's total tax rate because the College's certified tax values increased from 2021 to 2022. The approved tax rate is also less than the voter approval rate of 15.8015 cents, which is the rate that would provide the taxing unit with approximately the same amount of tax revenue it received the previous year (less estimated refunds from disputed values), plus an extra 8% increase, in addition to sufficient funds to pay debts in the coming year. The voter-approval tax rate is the highest tax rate allowed without voter approval.
For calendar year 2022, the average taxable value of a residence homestead in San Jacinto Community College District is $157,553. With the adopted rate of 15.5605 cents per $100 of taxable value, the amount of taxes imposed this year on the average home would be $245.16.
About San Jacinto College
Surrounded by monuments of history, evolving industries, maritime enterprises of today, and the space age of tomorrow, San Jacinto College has served the people of East Harris County, Texas, since 1961. San Jacinto College is among the top five community colleges in the nation, as designated by the Aspen Institute for Community College Excellence in 2021, and was named an Achieving the Dream Leader College of Distinction in 2020. The College is a Hispanic-Serving Institution that spans five campuses, serving approximately 41,000 credit and non-credit students annually. It offers more than 200 degrees and certificates across eight major areas of study that put students on a path to transfer to four-year institutions or enter the workforce. San Jacinto College's impact on the region totals $1.3 billion in added income, which supports 13,044 jobs. The College is fiscally sound, holding bond ratings of AA and Aa2 by Standard & Poor's and Moody's