|
 photo by St. Louis American
An initiative on the Aug. 3 ballot aims to fund updates to St. Louis Community College facilities and programs. Proposition R is an eight-cent operating rate increase, and the first increase for the community college system in nearly 40 years.Â
A âyesâ vote supports increasing the property tax from 20 cents per $100 of assessed value to 28 cents per $100. If approved by voters, the additional tax cost for the owner of a $150,000 home would be about $23 per year.
Prop R would fund new and updated learning spaces across the four main community college campuses, facilities for many of which were built over 50 years ago. It would also allow the college to purchase necessary equipment needed for immersive learning spaces and keep tuition costs low. The current average cost per credit hour is about $116.
St Louis Community College would be beneficiary of proposed $24M tax hike bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.