The Yavapai College District Governing Board approved the college’s proposed budget for 2024-2025 Tuesday on a 3-2 vote. The approved budget includes funding for the college’s strategic priorities, initiatives, and improved services for students and the community.
For just the second time since 2019, the Governing Board approved an increase in the primary property tax levy for Yavapai County residents. The approved increase is $1,872,400, or a 3.4% increase in the primary property tax levy. With the 3.4% increase, property owners in Yavapai County will pay an estimated $5 per year in property taxes per $100,000 of home value.
Since 2019, inflation has risen by 25%, and just like every individual and organization, it has significantly impacted college operations. During that same time frame, YC has raised its tuition rate by 18% and its taxes by 8.4%, one-third of the inflation increase.
The state funds less than 3% of the college’s budget.