Last night, the votes on the Bond measure were finally counted! With about 2% of the votes unaccounted for, the results show the passage of the bond with 65.78% approval. Thank you to everyone who voted and especially to all of the people whose efforts made the passage possible!
Stay tuned in the coming weeks for information about community meetings to gather input about the construction of the Middle School!
Together, you’re all making a difference!
Stay tuned in the coming weeks for information about community meetings to gather input about the construction of the Middle School!
Together, you’re all making a difference!
Essential Bond InformationTotal Cost of Bond: $48,093,000
What the bond is paying for: The bond will pay @$46.9 million for the construction of a new middle school and @$1.1 million to convert the existing K-8 to an Elementary School.
How much will the bond cost per $1000 of value to my home: $0.77 (You can use the Bond Tax Calculator below to figure out exactly how much the bond will affect your property taxes).
How many votes does the Bond need to pass? The Bond needs a 60% super-majority in order to pass.
Total Educational Taxes vs. Bond Increase:As you have probably heard, the state Legislature is changing the way that schools are funded as a result of the McCleary decision. As a result, there are changes happening to educational taxes outside of the normal Levy/Bond voting process.
What the bond is paying for: The bond will pay @$46.9 million for the construction of a new middle school and @$1.1 million to convert the existing K-8 to an Elementary School.
How much will the bond cost per $1000 of value to my home: $0.77 (You can use the Bond Tax Calculator below to figure out exactly how much the bond will affect your property taxes).
How many votes does the Bond need to pass? The Bond needs a 60% super-majority in order to pass.
Total Educational Taxes vs. Bond Increase:As you have probably heard, the state Legislature is changing the way that schools are funded as a result of the McCleary decision. As a result, there are changes happening to educational taxes outside of the normal Levy/Bond voting process.
Looking at the chart above, you will notice 2 main changes: First, the state educational levy is estimated to increase from $1.98 to $2.91/year. Second, in 2018 (dubbed ‘the Transition Year’), the Operating Levy will remain the same, but is currently slated to drop from $2.58 to $1.50 in 2019. In a nutshell, your LOCAL taxes, if the bond passes, will increase an estimated $0.77 per $1000 of home value. Your TOTAL Educational taxes, including the non-voted state increases, are estimated to increase $1.54 per $1000 of home value.