NIC Trustees Vote To Raise Taxes
Item: NIC to raise tax levy rate: Higher enrollment numbers cited as reason for change/Maureen Dolan, Coeur d'Alene Press
More Info: North Idaho College trustees approved amending the school's 2010 budget Wednesday to make way for collection of an additional $166,000 in property tax revenues. The move will raise the tax levy rate approved in May, when trustees approved the budget, by $1.10 per $100,000 of taxable assessed property value. The total increase will be from $72.75 per $100,000 taxable value in fiscal year 2009 to $82.80 per $100,000 of taxable value in 2010.
Question: Board Chairman Christie Wood said: "We were reluctant to take the full amount, but because of the increased enrollment and the services that demands we had no other option." Do you think there was another option?