Austin Community College declared victory Nov. 4 for two bond proposals that combine for nearly $386 million in districtwide construction and facility improvements. Both Proposition 1 and Proposition 2 passed with 57 percent of the vote, according to ACC.
The college also acknowledged its effort to increase the district's maintenance and operations tax rate cap failed by 49 percent to 51 percent. This proposal would have raised the district's maintenance tax cap, which allows it to fund maintenance and operations of its 11 campuses, by 1 cent each year in 2016, 2018 and 2020.
The board previously stated that, if the tax cap increase were approved, tuition rates would remain stable for in-district students. Now, with the 3 cent tax cap increase denied by voters, the district will review how best to find additional revenue for maintenance and operations.
As the ACC board issues bonds for projects in the coming years, the interest and sinking portion of the tax rate, which funds debt repayment, could increase about 2 cents, according to district staff.











