Tarrant County College has corrected the property value figures it published before trustees voted to raise its tax rate last month, saying the drop in its tax base was about one-tenth as large as first reported.
In a Sept. 28 announcement, the college said its certified net taxable value went from about $322.9 billion in 2025 to $319.1 billion in 2026, a decline of $3.8 billion. The college had earlier reported a $39 billion drop. TCC said the mistake came from comparing two different measures of taxable value, the Fort Worth Report reported Monday.
The rate does not change
Trustees adopted a rate of 12 cents per $100 of valuation on Sept. 10, up from 11.228 cents the year before. The correction leaves that rate in place. For a property whose taxable value did not change between the two years, the increase works out to $7.72 a year for every $100,000 of value.
The revised figures put the college's no-new-revenue rate, the rate that would bring in about the same tax money as the prior year, at 11.3326 cents. The adopted rate is above that line but below 12.3108 cents, the point at which the increase would have had to go to voters.
The college also corrected the amount of property value it left out of its rate calculations for tax increment financing zones, the districts where part of the tax growth pays for development projects.
