NICC proposed 2015-2016 budget would keep mill rate the same

The Northeast Iowa Community College Board of Trustees is getting ready for a public hearing on a 2015-2016 budget.

Trustees have approved a resolution setting a public hearing for the estimated $60 million budget at the board's regular meeting in February. The budget will be published in official district newspapers.

NICC Executive Director of Finance Tom Ridout told trustees he anticipates that the current NICC tax rate of 90.8 cents per $1,000 of taxable assessed valuation will remain the same for the next fiscal year.