DelTech Leading Charge to Increase Tax for Construction Projects - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

DelTech Leading Charge to Increase Tax for Construction Projects

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DelTech is leading the charge to pass a senate bill that would icnrease property taxes to fund college construction projects. (Photo: WBOC) DelTech is leading the charge to pass a senate bill that would icnrease property taxes to fund college construction projects. (Photo: WBOC)
The DelTech Board of Trustees would have the power to levy the tax and reassess it every year. (Photo: WBOC) The DelTech Board of Trustees would have the power to levy the tax and reassess it every year. (Photo: WBOC)

DOVER, Del.- Delaware Technical and Community College is leading the charge for SB 137, a bill that would create a property tax to pay for college construction and development projects.

The bill is out of committee in the Delaware State Senate but has not yet been discussed. 

DelTech has been working on this issue for 10 years, according to Jerry McNesby, vice president of finance for the college.

McNesby said Tuesday that there is a discrepancy between what they receive in state capital funding and what the industry standard says they should be investing in these types of projects. 

"Industry standards say we should be putting $12 million back into our facilities. We received $4 million, so you can see the difference of the $8 million," he said.

Some residents who would pay the increased property tax are concerned about the Board of Trustees having control over the amount of the tax.

Ron Letterman, a Dover resident, said it scares him.

"I feel like letting the school do that- or college do that, is the same as me handing over my debit card to them and saying take what you want and send me back what you don't need," he said. 

The bill says there is a cap on what the board would be able to raise the tax to in the future. According to McNesby, there is a type of legislative control. 

He also said 96 percent of students at DelTech have Delaware residency. He said taxpayers should understand by providing them with the right resources now, they are investing in the Delaware economy. 

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