Tuesday, January 02, 2007

Illinois Central College Wants Another $885 Thousand


Our sources indicate that the requested Illinois Central College Property Tax Extension levy for this year is $ 26.773 millions. This is an increase over last year of about $ 885,000.

This would seem to represent a 3.5% increase.

Now we just need to know where that's going. The tax rate is just a tad less for this year at $4.36 per $1,000 assessed valuation if our mental math is correct.

You will notice that you haven't seen this in any of the News Media - at least we didn't.

No word yet on what the latest concrete pouring or what sending those kids and staff to China cost.

If you fall in the I.C.C. taxing district check out what you are paying versus other items on your bill such as your local fire protection, roads, etc. We find that it is out of line in terms of cost benefit, especially for those on limited or fixed income. You might want to call one of your trustees and express your opinion.

By the way, if our information is correct, tuition went up over 15% last year from $65 per semester hour to $75. This amounts to $150+ per full time student.

No comments: