Calendar of Events
Education/Training
 
Lunch and Learn - IVCC Bond Referendum
Starts: March 6, 2019
Ends:  March 21, 2019
Time: (11:30am - 1:00pm)

The Iowa Valley Community College District (IVCCD) Board of Directors has voted to put a $32 million General Obligation Bond Referendum before voters on Tuesday, April 2. Projects to be funded by the bond issue have been categorized as relating to “Safety, Security and Sustainability” for IVCCD. Iowa Valley operates Ellsworth Community College in Iowa Falls, Marshalltown Community College, Iowa Valley Continuing Education, and Iowa Valley Grinnell. If approved by voters on April 2, the 10-year general obligation bond will take effect in 2021.

“People keep asking me what’s ‘sexy’ about this bond issue, but the truth of the matter is that many spaces on our campuses are outdated and we have infrastructure problems that need to be addressed very quickly,” said Dr. Chris Duree, IVCCD Chancellor. “On a $32 million general obligation bond, the tax rate averages about 71 cents per $1,000 taxable valuation annually for 10 years. For a residential homeowner with a $100,000 assessed valuation at the current rollback rate, the increase in property taxes averages $3.38 per month, or $40.52 per year, for 10 years. What we want to emphasize to voters is that even at its highest point in that first year, the total levy rate for IVCCD will be less than it was back in 2017. That’s because we’ve worked hard to lower our total levy rate in each of the past nine years. It’s also important for voters to understand that the levy is assessed over a 10-county area, which lessens the impact significantly.”

Come to an informational meeting for the proposed bond on March 21st from 11:30 – 1 p.m. at Iowa Valley Grinnell to learn more!
Click here to register for this event.