NOTICE OF TAX REVENUE INCREASE FOR FISCAL YEAR 2021-2022

BRAZOSPORT COLLEGE HAS ADOPTED A TAX RATE THAT WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR’S TAX RATE. THE OVERALL TAX RATE WILL BE EFFECTIVELY INCREASED BY 3.85 PERCENT AND WILL INCREASE TAXES FOR MAINTENANCE & OPERATIONS AND INTEREST & SINKING ON A $100,000 HOME BY $11.48.

TAX ABATEMENT APPLICATION VOLKSWAGEN GROUP OF AMERICA

Brazosport College received a tax abatement application from Volkswagen Group of America (VWGoA) on May 27, 2022, for the construction of a vehicle importation and processing center. The abatement application is for $28,500,000 for a period of 7-years at 100% abatement and will be in the City of Freeport Reinvestment Zone 2022-01. Brazoria County approved VWGoA’s abatement application on June 14, 2022.

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