With valuations up, college tax rate will fall

Property owners may see some relief on their tax bill next year, at least where it comes to the Howard College taxing district.Trustees with Howard College discussed a proposed 2015 tax rate at 17.3457 cents per $100 valuation Thursday following a lengthy budget workshop, which is a 3 cent decrease from this year’s rate of 20.3738 cent per $100 valuation. College officials expected to bring in $5.3 million in tax revenue, about $400,000 more than this last year’s project amount.For more of this story, read Friday's edition of the Herald.