Bond total

Tax Impact

This page states the Building Bonds total as a composition of construction costs and interest over 15 years, and shows a simplified, dual-sourced household impact table from official tax materials. Print this page for a clean monochrome-friendly copy.

Building Bonds statement

$5,450,000 Building Bonds

Financing composition

Financing composition: The same $5,450,000 total is also shown as $3,490,000 construction plus $1,960,000 interest over this site’s 15-year financing display. These two lenses describe different breakdowns of one total — they are not interchangeable line items.

How the financing composition adds up

$5,450,000 equals $3,490,000 construction costs plus $1,960,000 interest over 15 years. Interest rate is to be determined.

Construction costs

$3,490,000

$3.49M

Interest over 15 years

$1,960,000

$1.96M

Rate: to be determined (TBD)

Total

$5,450,000

$5.45M

Financing composition: $3,490,000 + $1,960,000 = $5,450,000

The $5,450,000 total matches official Tax Impact materials. The construction and interest split is the board-stated financing composition that sums to that total; it is not restated on the district Tax Impact PDF/JPEG. Interest rate is not stated in available primary sources and is shown as to be determined (TBD). Interest $1,960,000 (composition) · Rate TBD.

These are two labeled ways to describe the same $5,450,000 total — project authorization lines vs financing composition — not two different bond packages and not a double count. For project authorization lines (HVAC + building), see The WHY or FAQs.

First-year household impact from the district Tax Impact handout: if your previous school tax amount were one of the sample rows below, the new tax, annual increase, monthly increase, and approximate % increase are shown. Figures are dual-sourced from the official PDF and JPEG (linked below).

Simplified example table

Previous Tax Amount is the prior annual school-related tax figure on the district handout — not home market value. Approximate % tax increase = annual increase ÷ previous tax amount. All 13 official sample rows show the same ~18% first-year increase.

About 18% more than the previous tax amount shown — the same approximate first-year increase on every official sample row.

First-year tax impact samples for $5,450,000 Building Bonds. Columns: previous tax amount, new tax amount, annual increase, monthly increase, and approximate percent tax increase.
Previous tax amountIf your taxes were…New tax amountFirst yearAnnual increaseFirst yearMonthly increaseFirst yearApprox. % tax increaseAnnual ÷ previous
$25.00$29.50$4.50$0.3718%
$50.00$59.00$9.00$0.7518%
$75.00$88.50$13.50$1.1218%
$100.00$118.00$18.00$1.5018%
$200.00$236.00$36.00$3.0018%
$300.00$354.00$54.00$4.5018%
$400.00$472.00$72.00$6.0018%
$500.00$590.00$90.00$7.5018%
$600.00$708.00$108.00$9.0018%
$700.00$826.00$126.00$10.5018%
$800.00$944.00$144.00$12.0018%
$900.00$1,062.00$162.00$13.5018%
$1,000.00$1,180.00$180.00$15.0018%

Monthly figures match the published handout (source uses ROUNDDOWN of annual÷12 to cents). This simplified table re-keys official numbers only; download the PDF/JPEG for the primary source, or the spreadsheet for formula checks.

Official Tax Impact downloads

See also the full Downloads hub.