Delaware Tech Seeks Statewide Property Tax for Improvements - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Delaware Tech Seeks Statewide Property Tax for Improvements

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DOVER, Del. (WBOC/AP)- Delaware lawmakers are considering legislation that would create a statewide property tax to fund repairs and renovations for aging buildings at the state's community college.

Legislation enacting that change cleared a Senate committee this month and would allow Delaware Technical and Community College to issue bonds to finance building construction, repairs, equipment purchases and educational technology.

The bill also establishes a Community College Infrastructure Fund to pay off the bonds and allows Del Tech to impose a statewide property tax to raise the required funds.

"This is not about building any new buildings. This is not adding one new square foot of space here. It's about replacing roofs, replacing mechanical systems," he said.

The tax would be capped at 6.5 cents on each $100 of assessed value of real property in all three counties.

Delaware Tech received more than $90 million in taxpayer money in the current year's budget and is slated to receive $7 million for capital projects in Gov. John Carney's current budget proposal.

Similar bills have failed in previous General Assemblies and this proposal faces some opposition from lawmakers like Rep. Ruth Briggs King (R-Georgetown), who worry about giving the authority to levy taxes to an un-elected board.

"It's a slippery slope," she said. "Who's going to come next wanting to do their own bonding, controlled by an un-elected group that we don't have much control over?"

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