The Laredo Community College, or LCC, was established as Laredo Junior College on September 28, 1947, by the Laredo Independent School District in Laredo, the seat of Webb County in south Texas. It adopted its present name in 1993. Throughout a period of time the Main Campus (located at historic Fort McIntosh) also housed both the former Laredo State University and Texas A&I University at Laredo, which later relocated as Texas A&M International University to its new campus off the Bob Bullock Loop in northeast Laredo. The district since expanded in 2004 to include two campuses—the Main Campus and the South Campus. The LCC budget for 2010-2011 is $49.73 million; more than $9 million of that amount is derived from student tuition. The college property tax rate is $0.2365 per $100 of assessed valuation. Enrollment for the fall of 2010 is 10,029, an increase of 8.25 percent from the fall of 2009. The institution has 210 faculty and 300 classified staff. LCC President Juan L. Maldonado announced on January 25, 2011, that recent projected budget shortfalls by the State of Texas will compel LCC to freeze vacant positions, contracted services, and equipment purchases.