Written by Julie Silva Tuesday, 30 September 2014 15:57
Hidalgo County watchdogs vowed to take action when the South Texas College board followed through with plans to increase the tax rate Tuesday night.
The approved tax rate is 18.5 cents per $100 property valuation–that’s a 3.5-cent increase, which would increase property tax revenue by 26 percent. The figure opponents seem most focused on is the 26 percent.
Les Rydle, a retired professor from University of Texas-Pan American, said he’d never seen a budget jump more than 20 percent. He suggested the board compromise and stick with the rollback rate, the highest tax the board could set without going to a voter election.