The Iowa Valley Community College District Board of Directors has approved a budget estimate for the upcoming fiscal year. It includes a reduction in the local property tax.
Currently local taxpayers pay $1.75 per $1,000 assessed valuation for IVCCD levies; next year that goes down by nearly 38 cents to $1.37 per $1,000 assessed valuation. This marks the 8th consecutive year that the District’s local property tax asking has been decreased.
The estimated budget will be filed, and a public hearing to approve the budget is set for March 8th at 4 pm in the IVCCD District Administration Board Room.