For the City Times
The Mid-State Technical College Board of Directors on Monday authorized $10,360,732 for the 2015-16 property tax levy.
Mid-State’s tax rate will remain relatively unchanged from the previous year, remaining constant at 83 cents per $1,000. The total tax on a $100,000 home will be $83.44, just eight cents more than the previous year.
The college’s Board of Directors is required to certify the tax levy for the current fiscal year and notify municipalities by October 31.
Technical college tax rates are based on equalized value within the college district (rather than the municipalities and taxpayers assessed value). The valuation of Mid-State’s district increased 2% to $12.4 billion.
Mid-State’s levy is still only half of what it was two years ago, when the state infused $406 million into annual property tax relief for the Wisconsin Technical College System (WTCS).
Mid-State, one of 16 colleges in the Wisconsin Technical College System, offers associate degrees, technical diplomas, and certificates in a variety of high-demand fields. With campuses in Marshfield, Stevens Point and Wisconsin Rapids, and a learning center in Adams, the college district serves a resident population of approximately 165,000 in all or portions of Adams, Clark, Jackson, Juneau, Marathon, Portage, Waushara, and Wood counties. Mid-State’s supportive environment, state-of-the-art technology, and faculty with professional experience in the fields they teach provide Mid-State graduates with real-world skills, knowledge, experience, and confidence they need for an in-demand career. More than 90% of Mid-State graduates are employed within six months of graduation.
To learn more about Mid-State programs and services, please call 888.575.MSTC or visit www.mstc.edu.