Clearly, Goal Six in the2010-2013 IVCCD Strategic Agenda addresses the need to maintain fiscal sustainability by optimizing the revenues we receive each year and effectively managing expenditures. A salient part of these processes is being responsible with the funding we receive from tax revenues that are levied by the District. The members of the IVCCD Board of Directors fully understand the responsibility that goes with their authority to levy district taxpayers as proven by the fact that we have reduced the amount levied the last three years when we certify the annual budget.
However, not all levies are authorized by the Board. One of the most critical levies necessary to advance our mission is our Plant Levy. On Sept. 13, we will be asking voters to support the renewal of our 10-year Plant Levy. All 15 of Iowa’s community colleges have Plant Levies in place.
It’s important to us that local voters understand that this is not a new tax. Consistently supported throughout our service area for nearly four decades, this is the community college equivalent to the public school Physical Plant and Equipment Levy (PPEL). At 201/4 ¢ per $1,000 taxable assessed valuation, the owner of a home valued at $100,000 pays approximately 5 cents per day. Many ask, “Why is this levy needed?” The answer is quite simple: state funding has not been sufficient to meet current and future needs for community colleges. The Plant Levy has helped us contain tuition costs and keep educational opportunities affordable for our students.
We take great pride in serving our nine-county region. Voter approval of our Plant Levy on Sept. 13 will allow us to sustain our ability to offer quality programs and services that meet the needs of a wide range of customers. On behalf of everyone at IVCCD, thank you very much for your ongoing support.
Chancellor, Iowa Valley Community College District