Odessa College Decreasing Their Tax Rate

Staff Report
NewsWest 9

ODESSA - Odessa College is decreasing their tax rate by more than four percent but they won't lose any money.

Their tax revenue is expected to go up by about $1.8 million.

That money will come mostly from booming mineral properties, apartment complexes and businesses

Homeowners in Odessa will pay about 41 cents less than they did last year.

The lower tax rate was brought on because of rise in home values.

The new tax rate goes into effect next January.