Bond Cost

Bonds will be issued in multiple series, each maturing within 31 years of issuance. The estimated annual tax rate is $2.99 per $1,000 of assessed property value (not real market value). Currently, the 2024 tax rate is $1.80. If approved, the proposed bond would increase the tax rate by approximately $1.19 per $1,000 of taxable assessed value.

For a homeowner with an assessed property value of $250,000, this would result in an estimated increase of $25 per month or $300 per year.

Actual rates may vary based on interest rates and changes in taxable assessed value. 

Click here to use our Bond Estimated Cost Calculator for a more precise estimate.