Heartland College eyes levy with little change in property tax bills

Posted on November 16, 2018
Heartland
Heartland Community College trustees will review a proposed levy for taxes to be collected next year. (File photo by Howard Packowitz/WJBC)

 

By Howard Packowitz

NORMAL – Property owners in the Heartland Community College District will see a modest decline or no change at all in their tax bills next year, based on a proposed levy presented to Heartland’s Board of Trustees on Tuesday.

The district plans to collect about $13.2 million in property taxes next year, from $13.1 million this year.

Like Unit 5 and District 87, administrators calculated Heartland’s levy based on higher-than-expected growth in taxable land values to ensure the district gets all available tax revenue.

The owner of a $165,000 home is expected to pay approximately $316, down about $6 for a Bloomington-Normal resident. If the district’s tax base projections are too optimistic, compared to the assessors’ estimates, taxpayers are likely to see no change in their tax bills.

Heartland’s tax rate is expected to be $0.57507 per $100 of assessed valuation.

Howard Packowitz can be reached at [email protected]

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