The Northeast Texas Community College Board of Trustees approved a tax rate and budget for the 2012-2013 year at its meeting Tuesday evening.† The tax rate remains at its cap of 10 cents per $100 valuation and is projected to generate $3.182 million in revenue.

The budget was set at $17.922 million, and included reductions in planned deferred maintenance and in the growth of reserve funding.

?Given the dramatic enrollment increases of the last several years, the college has been able to make some progress in critical areas like fund balance, plant infrastructur