Details for Heartland Community College - Ad from 2019-12-02

NOTICE OF PROPOSED PROPERTY TAX INCREASE FOR
HEARTLAND COMMUNITY COLLEGE DISTRICT #540
I. A public hearing to approve a proposed property tax levy increase for Heartland
Community College District No. 540, Counties of De Witt, Ford, Livingston, Logan,
McLean, and Tazewell, and State of Illinois, for 2019 will be held on December
10, 2019 at 6:00 p.m. at Heartland Community College, Community Commons
Building Room 2012, 1500 West Raab Road, Normal, Illinois.
Any person desiring to appear at the public hearing and present testimony to the
taxing district may contact Dr. Keith Cornille, President, 1500 West Raab Road,
Normal Illinois 61761; (309) 268-8106.
II. The corporate and special purpose property taxes extended or abated for 2018
were $13,030,731.
The proposed corporate and special purpose property taxes to be levied for 2019
are $16,362,488. This represents a 25.57% increase over the previous year.
III. The property taxes extended for debt service and public building commission
leases for 2018 were $13,278,220.
The estimated property taxes to be levied for debt service and public building
commission leases for 2019 are $10,404,487. This represents a 21.64%
decrease from the previous year.
IV. The total property taxes extended or abated for 2018 were $26,308,951.
The estimated total property taxes to be levied for 2019 are $26,766,975. This
represents an 1.74% increase over the previous year.

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