SITKA, ALASKA Sheldon Jackson College is going on the Sitka tax rolls.
The $22-million dollar campus traditionally has operated under an educational exemption in state law.
According to Sitka’s tax assessor, Jim Corak, that ended last summer when the college closed its doors and subsequently lost its accreditation from the Alaska Commission on Postsecondary Education.
The Sitka assembly, acting as a board of equalization, delivered the bad news to college officials near the conclusion of a four-hour hearing Monday night (5-5-08). The financially-strapped institution – barring any successful court appeals – will have to come up with $129-thousand dollars to pay its 2008 property tax bill. An excerpt of Jim Corak's view of the college's position.
© Copyright 1970, Raven Radio Foundation Inc.