The board finalizes the mill rate each October based on actual equalized property valuation assessments.
Property taxes fund less than one-half of the total budget of the college.
Other funding sources include state aids, student tuition and fees, and federal funds. The college serves 1 in 12 district residents each year, and offers more than 100 educational programs. The 2000-2001 budget will allow the college to maintain programs and services to meet district needs and to improve the technology infrastructure and facilities maintenance of the district through enhanced capital projects funding. In other business, John Hausbeck of the City of Madison Public Health Department reported the results of a study conducted to investigate health concerns at the MATC Truax campus. Mr. Hausbeck stated that overall the study indicated a lack of building-wide health problems at Truax.