LONGVIEW - Kilgore College board members approved the $54,000 purchase of property on the corner of Center St. and West College to expand the Longview campus.
The Longview City Council approved creation of a college/university overlay district within the South Main Historic District Planned Development Zone in downtown.
The Kilgore College-Longview campus is earmarked for $19 million in spending during the next five years, including development of college property south of the Longview campus and additions to the 80,000-sf Hendrix Building.
Trustees approved a 2.1-cent tax rate increase required as part of a plan to balance the college's 2015–2016 budget.
The tax rate of 17.5 cents per $100 valuation — which is just below the rollback rate of 17.547 cents per $100 valuation — is expected to generate $6,7 million in tax revenue for the college.
The college's tax rate has held at 15.4 cents per $100 valuation since 2009.
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