LLCC Board Approves 2025 Tax Levy; Tax Rate Expected to Decrease

LLCC Board of Trustees Meeting | December 15, 2025

Article Summary: The Lincoln Land Community College (LLCC) Board of Trustees approved a 2025 tax levy totaling approximately $43.4 million during their December 15 meeting. While the total amount levied represents an increase over the previous year, the district’s property tax rate is projected to decrease.

Lincoln Land Community College Key Points:

• Total Levy: The board approved a total estimated levy of $43,434,143, which includes debt service.

• Levy Increase: The total levy represents a 4.328% increase over the 2024 extension of $41,632,110.

• Tax Rate Decrease: Despite the higher levy amount, the tax rate is projected to decrease by roughly $0.0074 from the prior year’s final rate, settling at approximately $0.46694 per $100 of equalized assessed valuation (EAV).

• Bond Abatement: The board voted to abate the tax levy for the Series 2019 General Obligation Bonds, utilizing funds from the Kreher Trust account to pay the principal and interest instead of taxpayer dollars.

SPRINGFIELD — The Lincoln Land Community College (LLCC) Board of Trustees voted unanimously on Monday, December 15, 2025, to approve the college’s 2025 property tax levy.

The approved levy totals $43,434,143, which includes funds for educational purposes, operations and maintenance, liability, and debt service. This figure represents a 4.328% increase over the previous year’s extension. Because the aggregate levy did not exceed a 5% increase over the prior year, a truth-in-taxation hearing was not required, though the board did hold a public hearing regarding Energy Transition Community Grant funds prior to the regular meeting.

Despite the increase in the total dollar amount collected, property owners within District 526 are expected to see a decrease in the college’s tax rate. The projected rate is approximately $0.4713 per $100 of equalized assessed valuation (EAV).

However, the board also passed a resolution to abate the taxes levied for the Series 2019 General Obligation Bonds. By using revenue from the Kreher Trust account to cover these costs, the final tax rate is projected to drop further to $0.46694, a decrease of $0.0074 from the prior year’s rate.

The levy includes $24.8 million for educational purposes and $6.4 million for operations and maintenance. The Education Fund rate remains unchanged at $0.27 per $100 EAV.