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The district has prepayed their debt from the 2018 referendum, saving taxpayers more than $2.5 million in interest expenses.
In addition, the mill rate (which is used to calculate a school district’s share of local property taxes) has declined 29% ($294 annually per $100,000 of property value) from the 2017-18 level.
The district prioritized debt prepayment and lowering the mill rate.
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If the $79.1 million referendum is approved, this would increase the tax mill rate by $0.03.
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Click on the calculator to identify your tax impact.
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