CTC Board approves $184 million budget; lowers tax rate

In a special board meeting August 20, the Central Texas College (CTC) Board of Trustees approved a $184 million dollar budget for the fiscal year beginning September 1, 2013, and lowered the tax rate to 13.7 cents per $100 assessed property value – the 20th consecutive year the tax rate has been steady or lowered.

“This is an excellent example of good stewardship by our elected officials,” said Dr. Thomas Klincar, CTC chancellor. “The administration heartily supports this lowering of the tax rate.”

The budget includes $16.2 million in capital improvements to the campus in Killeen, including funds to address infrastructure concerns raised by a recent facilities condition assessment. The budget also includes a mid-year increase from $63 to $66 for in district tuition, the first increase since fall 2012.

Also included is a 1.5 percent cost of living increase along with an annual one-step salary increase of 2.5 percent for full-time, regular employees not subject to contract labor law. “This is the first cost of living increase our employees have received in three years,” commented Klincar.

In a previous regular board meeting held August 15, the board approved a second-year option to Indtai, Inc. valued at $219,360 to support and maintain the College Credit for Heroes web-based credit evaluation tool which facilitates veterans and service members credit awards.

The board also approved a third option year of a four-year contract with the architect firm Freese and Nichols for the period September 1, 2013, through August 31, 2014. The college employed Freese and Nichols for architect and engineering services for the design of several new campus facilities including the Nursing Center and Anderson Campus Center.

In other board action, CTC trustees voted to approve several vendors for the purchase of promotional specialty items, lumber and maintenance supplies as well as continuing the school’s sponsorship of the upcoming Association of the United States Army (AUSA) annual meeting.

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