Estimated Property Tax Increase
The $619.7 million bond package is estimated to increase the current property tax levy by $1.24 per $1,000 of assessed property value.
For a house with an assessed value of $200,000 this amounts to an estimated additional $248 in annual property taxes, or about $21 per month.
The 2018 bond package is estimated to be a 20-year bond. Answers to common questions about levy rates and how bonds are issued and repaid can be found on the FAQs page.