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CVTC TAX RATE TO DROP

Thursday, June 23rd, 2005 -- 8:09 AM

If you live in the Chippewa Valley Technical College District, the rate for the technical college portion of your tax bill will decline again. Since 2000, enrollment has increased 34-percent, but CVTC has been able to reduce the tax rate every year. In 2000, CVTC taxed each $1,000 of property at $1.45, the 2004-2005 budget calls for a $1.24 tax rate. Recent statistics indicate CVTC retained its status as having the lowest cost-per-student ranking among the state?s 16 technical colleges. The college has proposed a tax levy of $29-million.

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