Carl Sandburg College’s Board of Trustees have approved the 2019 operating property tax levy of $9,506,997.
That is an increase in the operating levy of 3.98 percent which comes to $364,067.
With the projected increase in the Equalized Assessed Value, the expectation is for the operating tax to come to $0.4786 per $100 of assessed value. That is an increase of less $0.0044 (0.93 percent).
Board documents state that the projected EAV for Sandburg’s tax base is $1,986,252,167. The projected increase in EAV is three percent, or $57,852,005, from 2018.
According to the college, the increase is, “consistent with the College’s intention of maintaining a high-quality educational experience without significantly changing the tax rate for many years.”
Trustees also heard some good news regarding the school’s TRIO Student Support Services program at their Thursday night meeting.
Director Autumn Scott told the board that the federally funded program was exceeded several goals:
- 93 percent good academic standing (objective: 70 percent)
- 86 percent persistence (objective: 65 percent)
- 61 percent graduation (objective: 30 percent)
- 41 percent transfer with a degree (objective: 20 percent)
The TRIO SSS program helps first-generation college students stay in school and graduate from Sandburg and transfer to a four-year college or university.
