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quincymike - Practice of end-of-career teacher salary bumps being scrutinized - Quincy, IL News - QuincyJournal.c
"The Hinsdale teachers’ union is willing to reduce end-of-career raises to 3 percent over each of four years." Why should the Unions have anything at all to say about end-of-career raises? That practice should be illegal, period. Pensions on the whole should NOT be based on end of career salary! They should be based on the SSI formula, and thus we would not even be having this discussion. This is…
quincymike - Iowa company pitches Newcomb development proposal - Quincy, IL News - QuincyJournal.com
Hobart wants Everything from Quincy! Hobart in reality is giving nothing to Quincy! They get the lot for $1 and the city writes it off. Maybe in 10 years Quincy may get something out of the deal. I doubt it. There will be a lot of $'s on the table to make up. It sounds like a very sweet deal for the developer, especially in 10 years when they sell! Quincy to provide $1.8 million in equity? Have…
ShanellH - Quincy Police Blotter for September 30, 2014 - Quincy, IL News - QuincyJournal.com
The things they worry about and the things they should Be worried about how are you suppose to move a, parked car without starting it.
qfingers - Practice of end-of-career teacher salary bumps being scrutinized - Quincy, IL News - QuincyJournal.c
As much as pay-for-performance sounds good I believe that only works if the teacher goes with the students from grade-to-grade. One year of being dealt a random deck of kids is, I believe, impossible to compare between teachers. Why can't a grade school teacher go from grade to grade with their class? Why can't a middle school English/Math teacher go from grade to grade?
UrKidsWillPay - Iowa company pitches Newcomb development proposal - Quincy, IL News - QuincyJournal.com
Also please explain what benefits this brings to quincy as a whole not just to the downtown. Those people renting those apartments aren't going to move quincy il just because there are new apartments available on 3rd & Maine those people already live here shop here and pay sales taxes here so the city gains nothing from them. The retail space MIGHT bring a couple of jobs and incremental sales…

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JWCC Trustees abate part of 2013 Tax Levy

JWCC Trustees abate part of 2013 Tax Levy

11 months, 2 weeks ago by 0

John Wood Community College Trustees authorized the abatement of tax levied for 2013 to pay debt service on General Obligation bonds and announced the intent to levy an equity adjustment for the same tax year.

At Wednesday night's meeting, the JWCC Board approved a resolution to abate the 2013 tax levy associated with the General Obligation Bonds (Alternate Revenue Source), Series 2012.  JWCC has sufficient funds from operations for the annual payment of the principal and interest on these bonds. 

As a result, the counties of Adams, Pike, Hancock, Calhoun, Schuyler, Brown, Morgan, Scott and Cass will not collect approximately $93,000 for payment in 2013.

Trustees adopted a resolution declaring the intent to approve the annual equity adjustment for the 2013 tax year as permitted by state statute. JWCC is one of 15 community colleges in the state eligible by law for the adjustment because the College operates at a tax rate below the statewide average. 

The adjustment is .0393 per $100 equalized assessed valuation (EAV), which would generate an estimated $540,000 for JWCC’s operation fund for the 2015 budget year.  The Board announces its intent for the equity adjustment every October prior to its annual levy. The overall tax levy will be discussed at future meetings.

In other business, the Board:

Accepted and filed the annual audit report for fiscal year 2013 from WIPFLi auditing firm. WIPFli noted that JWCC has complied with government accounting practices and has exercised proper internal controls.

Authorized Dr. John Letts to enter into an agreement with a collective bargaining negotiator for the negotiation period with the JWCC Faculty Association IFT/AFT local #6086 Collective Bargaining Unit.

Approved submission of a reoccurring Illinois Cooperative Work-Study Program Grant in the range of $25,000-$30,000.  The purpose of the grant is to support work study/internship activities with local businesses that align with courses of study offered by JWCC.  The grant pays one half the hourly wage of the internship and the employer pays the other half of the 160, 240 or 320 hour internship.  Previous funding resulted in 23 internships within culinary arts, agriculture and early childhood education.

 


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QuincyJournal on Twitter

QuincyJournal 2 hours, 34 minutes ago

St. Dominics computer club visiting JWCC computer labs - Students will visit JWCC on Thursday http://t.co/ly5OlV0Gtp
Bob Gough on Twitter

Bob Gough 8 hours, 41 minutes ago

RT @bartonlorimor: Good news, #twill! Jon Lester is likely in the process of using that CHI-KC highway we debated to death in order to quic…
Bob Gough on Twitter

Bob Gough 8 hours, 43 minutes ago

RT @robneyer: DEWEY BEATS TRUMAN RT @omaha311: Uh.. Spoke too soon? http://t.co/vE09cEZZYs
Bob Gough on Twitter

Bob Gough 9 hours, 4 minutes ago

That was beautiful. #nedisGod