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The Community News • P.O. Box 1031 • 203 Pecan Dr. • Aledo, TX 76008 • 817-441-7661 • FAX: 817-441-5419

 

WC Board to finalize budget, tax rate Thursday

August 18, 2011 by Anonymous

From Brent Baker
Vice President of Institutional Advancement
Weatherford College

One of the toughest budget development cycles in years is about to come to a close at Weatherford College. Faced with nearly $4 million in cuts from the State of Texas, WC slashed equipment, supplies, travel and personnel costs to balance the budget, which goes into effect September 1, 2011.

That process will become final with Thursday’s called meeting of the WC Board of Trustees, which will include the approval of the 2011-12 budget and the 2011 ad valorem tax rate. The meeting will be held in the Doss Student Center’s Strain Room at 2 p.m.

The 2011-12 budget, proposed at approximately $48.5 million, represents a total increase of about $8,100 from the amended 2010-11 budget.
To fund that budget, the WC board has proposed an adoption of the effective tax rate, which will generate the same amount of money for WC as the current tax rate. The proposed 2011 rate is 11.195 cents per $100 valuation, compared to the current 10.492 cents.

“As Weatherford College and Parker County have grown over the past decade, we have continually been able to lower our tax rate to one of the lowest in the state; approximately four cents below the state average,” said Dr. Kevin Eaton, WC President. “Unfortunately, the downturn in our economy, coupled with dramatic cuts in state funding, has led us to the tough decisions that we are facing today.”

Based on figures from the Parker County Central Tax Authority, the 2011 tax rate will mean a $7 annual increase on WC taxes for a home valued at $100,000.

“I can’t express my gratitude enough to the citizens of Parker County,” Eaton said. “As our economy turns around and our valuations start to increase again, I am sure that you will once again see our tax rate fall.”

Sports Calendar

Monday, April 20

  • Aledo Bearcats JV at Crowley, 6:00 pm. *District Game
    Aledo Bearcats Freshmen vs. Crowley at AHS Baseball Field, 6:00 pm. *District Game

Tuesday, April 21

  • Aledo Ladycats at Granbury, JV 5:30 pm and Varsity 7:00 pm. *District Game

  • Aledo Bearcats Varsity at Crowley, 7:00 pm. *District Game

Thursday, April 23

  • Aledo Middle School vs. Tison at Aledo High School, 4:30 pm

Friday, April 24

  • Aledo Bearcats vs. Burleson at AHS Baseball Field, JV 5:00 pm and Varsity 7:30 pm. *District Game
    Aledo Bearcats Freshmen at Burleson, 5:00 pm. *District Game

  • Aledo Ladycats vs. Cleburne at AHS Softball Field, JV 5:30 pm and Varsity 7:00 pm. *District Game

Monday, April 27

  • Aledo Bearcats JV at Granbury, 6:00 pm. *District Game
    Aledo Bearcats Freshmen vs. Granbury at AHS Baseball Field, 6:00 pm. *District Game

Tuesday, April 28

  • Aledo Bearcats Varsity at Granbury, 7:00 pm. *District Game

Friday, May 1

  • Aledo Bearcats vs. Cleburne at AHS Baseball Field, JV 5:00 pm and Varsity 7:30 pm. *District Game and Senior Night
    Aledo Bearcats Freshmen at Cleburne, 5:00 pm. *District Game

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