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High School Project Tax Calculator
Estimated Annual Tax:Estimated Monthly Tax:Percentage Tax Increase:Instructions:
- Select a project cost from the drop down box
- Input the assessed value from your most recent real estate tax bill.
- Click "Calculate"
The resulting annual and monthly tax, and the percentage tax increase reflect the estimated tax impact of the new high school project only. This amount would be added to your existing school property taxes for the duration of the bonds funding the project.
Note:
The above calculations assume:
- The district will direct 1/2 (one half) mill ($1 million) of its budget towards the high school project.
- Thirty-year bonds will fund the project.
- Interest at market rates effective May 2013
Last Modified on May 15, 2013