Probably Little Change in BHC Tax Rate
Thanks to stable state funding, the tax levy for Black Hawk College will probably not change very much. Thursday night the board of trustees will discuss a proposed property tax rate for next year of about 56 cents per 100 dollars assessed value.
Chief Financial Officer Steve Frommelt is recommending an increase of just one-third of a cent. And for the owner of a 100,000 dollar home, that would mean an increase next year of 72 cents.
"Black Hawk College typically represents between five and eight or nine per cent of our local district tax bill. So we're pleased to be able to present a relatively flat tax rate for the upcoming year. "
He says, if approved, next year will be the third year in a row of stable tax rates for the Black Hawk College district which includes all or part of nine counties.
The college and other taxing bodies in Illinois are required to submit their proposed tax levies to their counties by the end of December each year.