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Grayson College Board of Trustees passes 2025-26 Budget


Grayson College Board of Trustees unanimously approved the 2025-26 budget and property tax rate during a regular session meeting. 

The approved budget totals just over $61 million with approximately $29.7 million allocated from property tax revenue. Grayson College decreased the Grayson College property tax rate slightly from 0.145990 cents per $100 valuation to 0.145980 cents per $100 valuation. 

“When working on the recent bond campaign, we made a commitment to our community to not increase the tax rate, and we honored that commitment,” said Dr. Jeremy McMillen, President of Grayson College. “Now we’ve been able to take that promise one step further by slightly lowering the property tax rate. At Grayson College, we take seriously our role as good stewards of the community’s investment, and we work every day to ensure those dollars are used wisely to support student success and regional growth.”