AMARILLO, Texas (KAMR/KCIT) — The Amarillo College Board of Regents adopted a 2026 property tax rate of $0.24670 per $100 of taxable property value, which consists of $0.17840 for Maintenance and Operations and $0.06830 for Interest and Sinking, or debt service.
According to AC officials, the average single-family residence in the Amarillo College taxing district will increase by $45.06 for the year. Officials noted that AC expects to receive approximately $1 million less in property tax revenue despite the higher rate.
Officials also noted that while total property values have increased, increased property tax ceilings for homeowners resulted in a net decrease of approximately $149 million in taxable property value.
Amarillo Fire Department reports no injuries, structural damage in Tuesday grease fire at Big Texan Steak Ranch
“We are being thoughtful about how we manage our resources in a year when we are receiving less funding,” AC President Dr. Jamelle Conner said. “This budget allows us to continue a high level of service for our students, plan for enrollment growth and continue rebuilding our reserves.”…