New Tax Levy for Black Hawk College
The tax levy for Black Hawk College may go up next year. Thursday night the board of trustees will discuss a staff recommendation for a 1.9 per cent increase.
Vice president of Finance and Administration, Steve Frommelt, says the owner of a 150,000 dollar home in the district would have to pay an additional 5-dollars and 20 cents per year.
Also causing financial headaches for the college is falling state funding and the continuing state budget impasse.
Frommelt says the proposed tax levy increase would bring in an additional 680,000 dollars.
If Black Hawk trustees give their tentative approval tonight, the proposed levy will go on public display for a month, and could win final approval at the November meeting.
The college and other taxing bodies in Illinois must submit their levies to their counties by the end of December.