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Caption: UIS Long Range Plan - 1970 (Sangamon State Univ)
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-5- The latest assessed valuation of all campus property totals $188,340. it this amount were removed from each taxing district's tax base, the effect would be as shown on the table on the following page. Generally, there is very little effect on the tax base if Sangamon State University property is made tax-exempt. The tax base of most districts is affected less than one tenth of one percent; the tax base most affected is reduced by only fifty-five hundreds of one percent. 3) The least affected is Junior College District #526, Sangamon County and the Auditorium Authority. The most affected is the Ball-Chatham School District, Woodside Township and Woodside Township Road and Bridge District. The tax base of the City of Springfield and the Springfield Park District would not be affected by annexation since the campus property was purchased before any of it was within those district limits. The tax base of Ball-Chatham School District would be affected by slightly more than one half of one percent if all the campus land were exempt from tax. The exemption of this amount, together with the Lincoln Land Community College campus which could be made exempt, and the proposed Lake Springfield II to be owned by the City of Springfield and exempt from tax, could have a combined significant impact on the tax base of the School District. The impact will be lessened, however, since the properties will become exempt in staggered increments over a period of many years, and because the proposed improvements will cause new development to occur. Both the Ball-Chatham and Springfield School Districts can receive additional State funding if children of State employees (including Sangamon State employees) attend schools in the respective districts. The State Impaction Law allows the School District to be paid additional State funds for each child of a State employee, based upon the per capita local cost of last year's school program. This year District No. 186 expects to receive $235.00 per child of a State employee attending school under the Impaction Act. 4) 5) Annexation merely changes the district boundaries within which Sangamon is exempt. 1) If the entire campus property were annexed to the City of Springfield, then it would no longer be within Woodside Township or within the Woodside Township Road and Bridge District. The annexation would automatically cause the property to be within Capital Township which is coterminous with the City of Springfield*
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