Saturday, December 22, 2018

Parkland College District Tax Levy


This is from about a month ago, but I wanted to make sure I included it in the tax levy updates I could find going into the new year. The Parkland Board of Trustees covered their tax levy breakdown at last month's meeting. From the News-Gazette:
Parkland to use $323,000 state grant, local match to revamp S wing
...
In other business, trustees approved an increase to the school's property-tax levy on Wednesday night that will allow the college to capture additional taxes after an increase in the equalized assessed value of property within the district.

Still, Chief Financial Officer Chris Randles said, taxpayers should see a decrease in the college's rate on next year's bill.

Randles said the projected rate will decrease from $0.54 per $100 of equalized assessed value to $0.53. Trustees voted unanimously to approve the $32 million levy request for 2018, which is an 11.84 percent increase over last year.

Randles also noted that the college has been receiving operating grant money from the state in a timely fashion — the first time in as long as he can remember, he said — and that it is all caught up on payments to the college.

He added that the original budget for the year is "looking pretty accurate," and though it's early, "we're on target."
More on the meeting at the full article here.

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