The Navarro College Board of Trustees declared its intent to set the Ad Valorem tax rate to the rollback tax rate of $0.116400 per $100 of property evaluation at its regular meeting Thursday, Aug. 29.
If adopted the tax rate would be a decrease from the current tax rate of $0.121800. The college would still see an estimated revenue increase of $489,000. These numbers are based on an estimated tax collection of 95%.
“Navarro College has not increased the tax rates,” said College President Dr. Kevin Fegan. “Any increase an individual would see is because of the increase in appraised value which is handled by the appraisal district.”
An owner of a house valued at $100,000 would likely pay $137.95 under the proposed tax rate.
Public hearings on the tax rate will be held on Sept. 9 and Sept. 12, at noon. Both hearings will be held in the Bulldog Board Room, 3200 W. Seventh Ave. in Corsicana.
The Board adopted an intergovernmental agreement regarding a consolidated purchasing cooperative. This agreement allows for greater freedom. The Board also reaffirmed agreements with the college’s current purchasing cooperatives.
The Board reaffirmed the college’s investment policy and strategy.
The Board heard a presentation about a student satisfaction survey. Susan Womack, Senior Research Analyst presented the findings of a national survey. Navarro College participated in the survey in April 2019. Navarro College has participated in this survey four times over the past 10 years.
The survey allows for institutional evaluation and asked students who were on campus 70 questions about satisfaction in a number of areas and asking participants to assign a level of importance. Findings showed that Navarro College had higher levels of satisfaction on every experience in 2019 than was reported in 2016.
Navarro College was the first choice for higher education of 65% of those surveyed, an increase of 7% over 2016. The findings did highlight potential areas for improvement, including more financial aid concerns, advising, and faculty student communication.
The college will be conducting three other surveys in 2020 to get a fuller picture of all students to gauge the needs of returning and online students as well as new students.
A presentation on Navarro College’s progress in the Texas Pathways Initiative was also given. Work will continue to ensure that updated degree plans will lead to careers and employment. That work will continue during the 2019-2020 year. Efforts will be made to improve early intervention to interact with students throughout the process to assist them on their paths.
That includes a “Culture of Caring,” which provides aid to students which have had life get in the way of their educational goals.
Dr. Carol Hanes Vice President of Academic Affairs, shared that nineteen students completed their education at Navarro last year after receiving some assistance.
The Board was also updated on the philanthropic efforts of the Navarro College Foundation which awarded funds to assist teaching innovation and infrastructure technology improvements in classrooms. A total of $39,000 was disbursed to the Corsicana campus.
The next scheduled meeting of the Navarro College Board of Trustees will be Sept. 19 in the Bulldog Boardroom on the Corsicana campus 3200 W. Seventh Ave. in Corsicana.
The Board also approved the consent agenda as well as all regular financial enrollment and personnel reports.