ACC board OKs bud­get, raise

Pres­i­dent slated to re­tire next June will do­nate $15,000 boost

Austin American-Statesman - - METRO & STATE - By Lind­sey Bomnin

Austin Com­mu­nity Col­lege District Pres­i­dent Stephen Kinslow, who in June an­nounced his com­ing re­tire­ment, got a $15,000 salary boost Mon­day from the ACC board, but he’ll never see it.

In­stead, Kinslow, who will leave ACC next June af­ter six years as pres­i­dent and 33 years at the col­lege, will give that money to the ACC Foun­da­tion to en­dow a “pres­i­dent’s schol­ar­ship.”

Also on Mon­day, the board unan­i­mously adopted a $235 mil­lion 2010-11 bud­get for the rapidly grow­ing school, a 3.8 per­cent in­crease from 2009-10. The bud­get does not in­clude an across-the-board raise for em­ploy­ees. How­ever, by drop­ping prop­erty tax ex­emp­tions on des­ig­nated his­toric homes and com­mer­cial build­ings, the col­lege will gen­er­ate about $250,000 to give


full-time per­ma­nent em­ploy­ees $100 to $200 one-time pay­ments.

The bud­get for the next fis­cal year, aside from prop­erty taxes and fed­eral grants, will also be boosted by added rev­enue from a tu­ition in­crease — $3 per credit hour, or 7.7 per­cent, for in-district stu­dents — that ACC trustees ap­proved in May. Given that home val­ues have fallen 4.7 per­cent within the ACC tax­ing district and that the tax rate of about 9.5 cents per $100 of value will be es­sen­tially un­changed, the por­tion of prop­erty tax bills re­lated to ACC is es­ti­mated to de­crease.

On the av­er­age-value home, $246,898 af­ter ex­emp­tions, tax bills are es­ti­mated to fall by about $12.50. Prop­erty tax rolls will be cer­ti­fied later this sum­mer.

ACC’s prop­erty tax for op­er­a­tions and main­te­nance is set by law at 9 cents per $100 of value. The other por­tion of the tax bill, which pays off debt, this year was 0.46 cents per $100 of value. It will likely in­crease slightly be­cause hous­ing val­ues in the district have fallen.

The board will set the ex­act tax rate af­ter the to­tal value of district prop­erty Stephen Kinslow has led ACC since 2005. is so­lid­i­fied in Au­gust, said Ben Fer­rell, ACC’s ex­ec­u­tive vice pres­i­dent for fi­nance and ad­min­is­tra­tion.

Trustees ap­proved the change to Kinslow’s con­tract Mon­day as they ap­proved a process to search for his re­place­ment. Of­fi­cials have said they ex­pect to name a new pres­i­dent next sum­mer.

ACC’s bench­mark fall en­roll­ment has grown 30 per­cent since 2005, when Kinslow got the top job, ris­ing to 37,850 last fall. A new cam­pus in Round Rock, parts of which are in the ACC tax­ing district, is un­der con­struc­tion and on track to open in the fall.

Since mid-May, ACC has al­lo­cated $35.4 mil­lion to buy land for po­ten­tial cam­puses in Austin, Bas­trop, El­gin, Kyle and Le­an­der. The Austin pur­chase in­cludes 18.5 acres from Dil­lard’s Inc. at High­land Mall for of­fices, class­rooms and fu­ture ex­pan­sion. The col­lege cur­rently has seven main cam­puses.

Vot­ers in the Bas­trop, Hays, El­gin, McDade and San Mar­cos school dis­tricts could de­cide in Novem­ber whether to join the ACC tax­ing district.

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