Howard College tax rate stands

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By Lyndel Moody
Staff Writer

In a 40/60 split, Howard College will get to keep its current tax rate.
Election results released tonight show 1,122 votes cast against the tax recall while 753 people voted for the measure.
In August, college trustees approved a tax rate of 25 cents per $100 valuation which is two cents above the tax rollback cutoff figure. A group of citizens were successful in a petition drive to force the issue to the ballot box.
Now that adopted rate stands, the college expects to bring in about $1 million dollars of new tax revenue. A resident with a home of $100,000 is expected to pay about $20 more in taxes than if the rate was pushed back to 23 cents per $100 valuation.

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