TAX IMPACT
What does this bond proposal mean
for your taxes?
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If the bond proposal is approved, the district will be able to sell bonds in the amount of $32.22 million resulting in a 4.98 mill increase over the current millage rate of 0.00 mills.
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Should voters approve the bond proposal, the Board of Education intends to lower the sinking fund levy by 0.98 mills from its current 1.97 mills resulting in a net total tax increase of 4.00 mills over the 2024 total tax levy.
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A "MILL" equates to 1/1000 (.001) of your tax-assessed value and is used for calculating property taxes. The tax-assessed value of your property is roughly half (1/2) of the market value of a property.
NET TAX IMPACT CALCULATOR + GRAPH
Use the calculator below to better understand the impact of the 2025 bond. Tax Impact is based upon Taxable Value. Be sure to enter your Taxable Value when using the Tax Calculator.
