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Community College Increases Levy, but You’ll Pay Less in Taxes

Posted by wlpo on November 14, 2016

Illinois Valley Community College gave approval to their tentative tax levy, and you can expect the part of your tax bill that goes to them to drop.

The college’s board approved the $11.6 million levy last week. It’s a 2.5 percent increase from the 2015 tax extension. Despite the increase, it will still impact your tax bill less.

The reason for the drop is because the bond for the Community Technology Center will be paid off next month. For every $100,000 your home is valued at, the part of your tax bill that goes to IVCC will go down by about $2.50.

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