May 23, 2024

Eastern Arizona College proposed budget includes tax rate reduction for 2025

Kris McBride

THATCHER, Ariz. — Eastern Arizona College’s (EAC) tax levy proposal includes a lower tax rate for the 2025 budget year, which will be considered by the Graham County Community College District Governing Board (Governing Board).

The proposal would drop the rate from $2.60 to $2.46, representing a 14-cent reduction from last year’s rate. Because the reduced rate will include a 2% levy increase and generate additional funds, statutory language refers to this as a tax increase, when in fact it will result in a tax rate reduction. Consequently, we are required to inform the community in the following manner:

 

Statutory Language for Truth in Taxation Notice: In compliance with section 15-1461.01, Arizona Revised Statutes, Graham County Community College District is notifying its property taxpayers of Graham County Community College District’s intention to raise its primary property taxes over last year's level. The Graham County Community College District is proposing an increase in primary property taxes of $158,189 or 2%. For example, the proposed tax increase will cause Graham County Community College District’s primary property taxes on a $100,000 home to be $246.09 (total proposed taxes including the tax increase). Without the proposed tax increase, the total taxes that would be owed on a $100,000 home would have been $241.27. This proposed increase is exclusive of increased primary property taxes received from new construction. The increase is also exclusive of any changes that may occur from property tax levies for voter approved bonded indebtedness or budget and tax overrides. All interested citizens are invited to attend the public hearing on the tax increase that is scheduled to be held June 13, 2024 at 1 p.m. at the Eastern Arizona College Student Services Building – Governing Board Room, EAC Middle Campus, 615 North Stadium Avenue, Thatcher, Arizona 85552-0769.

The Truth in Taxation Notice will be posted in the Eastern Arizona Courier on May 29 and will be posted again on June 5. For more information about EAC’s proposed 2024-2025 budget please click here.

The public is invited to send comments on EAC’s recommended tax rate reduction to board@eac.edu. Members of the public can also provide comments at the Governing Board meeting on Thursday, June 13, 2024, at 1 p.m., at the Eastern Arizona College Student Services Building, Governing Board Room, 615 N. Stadium Ave., Thatcher, Ariz.

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Enroll Today in EAC Summer Classes:  Classes begin on May 28. Students can register through their Gila Hank account or by calling EAC’s Records and Registration Office at (928) 428-8270.

 

About Eastern Arizona College:

Since 1888, Eastern Arizona College has been the undisputed Smart Higher Education Destination, shaping student dreams into reality. With a faculty of qualified and caring instructors, EAC is committed to preparing students for high-demand careers and advanced studies at top universities.

Offering a diverse range of over 90 degrees and certificates and two bachelor’s degrees, EAC is home to the state’s premier nursing school, a fine arts program featuring Arizona’s only community college marching band, and an engineering program that equips students for success at top-tiered firms and universities.

Beyond academics, EAC is a vibrant community where students thrive, forging connections that last a lifetime. At EAC, students can live in on-campus housing, engage in over 30 clubs and organizations, participate in dynamic intramurals, and cheer for nationally ranked athletic and e-sports teams.

What sets EAC apart is its commitment to financial accessibility, allowing most students to graduate with $0 debt.

Choose EAC as your Smart Higher Education Destination. For more information, contact admissions@eac.edu or call (928) 428-8272.

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