Notice of Adopted 2025 Tax Rate
McLennan Community College adopted a tax rate that will raise more taxes for maintenance and operations than last year's tax rate.
The tax rate will effectively be raised by 2.59 percent and will raise taxes for maintenance and operations on a $100,000 home by approximately $0.79.
Notice of Public Hearing on Tax Increase
A tax rate of $0.131974 per $100 valuation has been proposed by the governing body of McLennan Community College.
| Proposed Tax Rate | No-New-Revenue Tax Rate | Voter-Approval Tax Rate |
|---|---|---|
| $0.131974 per $100 | $0.128933 per $100 | $0.138012 per $100 |
The no-new-revenue tax rate is the tax rate for the 2025 tax year that will raise the same amount of property tax revenue for McLennan Community College from the same properties in both the 2024 tax year and the 2025 tax year.
The voter-approval rate is the highest tax rate that McLennan Community College may adopt without holding an election to seek voter approval of the rate.
The proposed tax rate is greater than the no-new-revenue tax rate. This means that McLennan Community College is proposing to increase property taxes for the 2025 tax year.
A public hearing on the proposed tax rate will be held on August 26, 2025, at 6:00 p.m. at McLennan Community College, Conference Center, 4601 N 19th St, Waco, TX 76708.
The proposed tax rate is not greater than the voter-approval tax rate. As a result, McLennan Community College is not required to hold an election at which voters may accept or reject the proposed tax rate. However, you may express your support for or opposition to the proposed tax rate by contacting the members of the McLennan Community College Governing Body at their offices or by attending the public hearing mentioned above.
Your taxes owed under any of the rates mentioned above can be calculated as follows:
Property tax amount = (tax rate) × (taxable value of your property) / 100
Governing Body Vote
| Vote | Members |
|---|---|
| For the proposal | Earl Stinnett, Jonathan Hill, Ricky Turman, Dennis Clark, K. Paul Holt, Ilda Sabido |
| Against the proposal | — |
| Present and not voting | — |
| Absent | Liz Palacios |
Comparison of Taxes: 2024 vs. 2025
The following table compares the taxes imposed on the average residence homestead by McLennan Community College last year to the taxes proposed to be imposed on the average residence homestead by McLennan Community College this year.
| Category | 2024 | 2025 | Change |
|---|---|---|---|
| Total tax rate (per $100 of value) | $0.131974 | $0.131974 | Increase of $0.000000 per $100, or 0.00% |
| Average homestead taxable value | $223,271 | $237,677 | Increase of 6.45% |
| Tax on the average homestead | $294.66 | $313.67 | Increase of $19.01, or 6.45% |
| Total tax levy on all properties | $39,549,615 | $41,271,374 | Increase of $1,721,759, or 4.35% |
For assistance with tax calculations, please contact the tax assessor for McLennan Community College at 254-757-5130 or property.tax@mclennan.gov, or visit www.mclennan.gov/tax for more information.
Notice About 2025 Tax Rates
This notice concerns the 2025 property tax rates for McLennan Community College. This notice provides information about two tax rates used in adopting the current tax year's tax rate. The no-new-revenue tax rate would impose the same amount of taxes as last year if you compare properties taxed in both years. In most cases, the voter-approval tax rate is the highest tax rate a taxing unit can adopt without holding an election. In each case, these rates are calculated by dividing the total amount of taxes by the current taxable value, with adjustments as required by state law. The rates are given per $100 of property value.
| Rate Type | Rate |
|---|---|
| This year's no-new-revenue tax rate | $0.128933 / $100 |
| This year's voter-approval tax rate | $0.138012 / $100 |
Unencumbered Fund Balance
The following estimated balances will be left in the unit's accounts at the end of the fiscal year. These balances are not encumbered by a corresponding debt obligation.
| Type of Fund | Balance |
|---|---|
| Maintenance & Operating | $16,623,852 |
| Interest & Sinking | $668,464 |
Current Year Debt Service
The following amounts are for long-term debts that are secured by property taxes. These amounts will be paid from upcoming property tax revenues (or additional sales tax revenues, if applicable).
| Description of Debt | Principal or Contract Payment to be Paid from Property Taxes | Interest to be Paid from Property Taxes | Other Amounts to be Paid | Total Payment |
|---|---|---|---|---|
| Series 2021 Bonds | $3,090,000 | $726,099 | $825 | $3,816,924 |
| Series 2024 Bonds | $1,040,000 | $623,184 | $825 | $1,664,009 |
| Total required for 2025 debt service | $5,480,933 | |||
| − Amount (if any) paid from funds listed in unencumbered funds | $0 | |||
| − Amount (if any) paid from other resources | $0 | |||
| − Excess collections last year | $7,582 | |||
| = Total to be paid from taxes in 2025 | $5,473,351 | |||
| + Amount added in anticipation that the unit will collect only 100.00% of its taxes in 2025 | $0 | |||
| = Total debt levy | $5,473,351 | |||
This notice contains a summary of actual no-new-revenue and voter-approval calculations as certified by Randy H. Riggs, Tax Assessor Collector, on 08/05/2025.
Visit Texas.gov/PropertyTaxes to find a link to your local property tax database, where you can access information regarding your property taxes, including proposed tax rates and scheduled public hearings for each entity that taxes your property.
The 86th Texas Legislature modified the manner in which the voter-approval tax rate is calculated to limit the rate of growth of property taxes in the state.