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Recent Comments

CharlieSheenIsGod - Quincy Police Blotter for November 27, 2014 - Quincy, IL News - QuincyJournal.com
I have as much to give thanks for as the Native Americans (not Indians) did when the pilgrims (white man) egotistically sailed over and proceeded to make the natives dependent upon alcohol so as to instill complacency while they raped their women, proceeded to steal their land, and graciously move then unto reservations and profit off casinos. These white men whom stole the native's land, now…
CharlieSheenIsGod - Quincy Police Blotter for November 27, 2014 - Quincy, IL News - QuincyJournal.com
Is it possible that law enforcement receive 'bonus kickbacks' for certain types of arrests or busts, not unlike monetary offerings and vacations given to doctors/psychiatrists by pharmaceuticals reps for pawning off drugs on patients. That type of unethical corruption couldn't really exist?
CharlieSheenIsGod - Quincy Police Blotter for November 27, 2014 - Quincy, IL News - QuincyJournal.com
Soon Darren Wilson will be resigning. Which is likely in the best interest of his safety, not to mention, the respectful thing to do. He may wish to consider complete reconstructive surgery rendering him unrecognizeable ala Casey Anthony. Many targets will likely be painted upon him by remaining embittered prior protestors.
CharlieSheenIsGod - Quincy Police Blotter for November 27, 2014 - Quincy, IL News - QuincyJournal.com
Has anyone seen the Michael Douglas film "Falling Down"? I always felt it sad that William Foster (Douglas) was shot by Martin Prendergrass (Robert Duvall), and not the other way around. All he did was draw a colored water pistol. Anyone could have been able to discern such. The over zealous authoritative ego had to bring him down so that he'd never get to see another of his daughter's…
qfingers - Jail Committee to draft ¼ per cent sales tax ballot resolution - Quincy, IL News - QuincyJour
The number required to do away with sales tax is an additional 15% on top of what we already pay. So it would be 22.75%. http://www.cato.org/publications/commentary/consi... And the universal rebate would make it progressive so it's really not too bad an idea if we can get rid of the IRS in…

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JWCC Trustees abate part of 2013 Tax Levy

JWCC Trustees abate part of 2013 Tax Levy

1 year, 1 month ago by

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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