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Collin College Considers Bond Referendum


CCCCD BOARD OF TRUSTEES CONSIDERS BOND REFERENDUM

JULY 25, 2001 - The Collin County Community College District (CCCCD) Board of Trustees announced during the July 24 Board meeting that they are considering placing a $57 million general obligation bond referendum on the Tuesday, November 6, 2001, ballot to accommodate enrollment growth and address deferred maintenance needs.

"The Board of Trustees is facing a challenge. Due to the growth of our community, Collin County Community College District is running out of classroom space and our older buildings need major repairs. Unfortunately, state funding is not keeping pace with increasing enrollment," said Sam Roach, CCCCD Board of Trustees chairman.

The Texas Higher Education Coordinating Board projects CCCCD's growth will continue and that by 2005, the district will increase its credit student body by 23 percent. Currently, 25 percent of Collin County graduating high school seniors attend CCCCD, or one in every 10 adults in the county is taking advantage of CCCCD's academic and career training programs. Ongoing funding decreases are already affecting the college with lack-of-space issues.

CCCCD Board Chairman Sam Roach announced that the Board is considering a bond referendum in which the tax rate will not increase. Collin County homeowners currently pay $0.094049 per $100 assessed value of their homes to the college district. A home valued at $100,000, for instance, is assessed at approximately $94 annually in property taxes for CCCCD. The tax rate will not increase since anticipated population growth will produce additional revenues. However, an exception is in place for senior citizens. Homeowners over the age of 65 currently receive a tax exemption of $30,000.

Under deliberation by members of the Board are both new construction and maintenance and renovation projects. These projects will address anticipated needs over an eight-year period. The construction of new classroom buildings, parking areas and a facility devoted to high-tech training are being considered. Also under consideration, are maintenance and renovation projects that will include new roofs, heating and air conditioning improvements, repair of parking lots and walkways and fire alarm upgrades.

Also announced during the July 24 Board meeting were plans to form a Committee of 100, which will involve community leaders in planning the college's future direction. This group will serve as advisors to the Board of Trustees and president. The Committee of 100 is not a new concept for the college. The original Committee of 100 was the driving force that led to the creation of the district and several of the committee members remain active in the community. They are being invited to serve once again on the new Committee of 100. Additional committee members are also being sought.

"The college district was established through the efforts and vision of community leaders 16 years ago. We are now asking the community to continue their support of CCCCD - to help the college district provide the same level of quality academics to current and future students. We are committed to sustaining the excellence, and we hope the community will make that possible," said Cary A. Israel, CCCCD president.

Collin College serves more than 46,000 credit and continuing education students annually and offers more than 100 degree and certificate programs. The only public college in the county, Collin College is a partner to business, government and industry, providing customized training and work force development.