SCC board moves forward after bond - News, Weather and Sports for Lincoln, NE; KLKNTV.com

SCC board moves forward after bond

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Posted by: Abigail Wood

awood@klkntv.com

After voters said "no" to the Southeast Community College's $369 million bond this year, the college board had to step back and re-evaluate.

"They have a number of options," said SCC President Paul Illich. "Which may include at some point ...they would like to go back to the voter."

The board has to look at other funding for the time being. They still want to modernize and expand.

"The need for SCC to meet that qualifying work force demand that we have, as well as providing an affordable option, none of that has changed," he said.

They get their funding from three places, tuition, property tax, and state aid. In their allotted tax levy, $0.02 can go to construction projects like the ones the bond would have covered. SCC is thinking about using one half cent of that to move forward with parts of their plan to fix up SCC. To put that in perspective, it comes to just under $1.5 million a year.

"So one of the things we're talking to the board about is, what would it look like if we were to move sooner rather than later?" Illich said. "One option would be using some of that $0.02 to move forward on a number of projects."

That's in the near future. Down the way, SCC may go back to the voter, either in 2018 or sooner with a special vote, and present a revised bond issue that's more appealing. 

The board is meeting at the beginning of next year to decide which projects they will prioritize with what they have from the tax levy.

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