Tax Impact of a recurring operating referendum
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If voters approve the referendum, the current tax levy rate of $9.63 will increase 15 cents to $9.78 per $1,000 of property value. This rate of $9.78 - projected for each of the next four years - will be the second-lowest rate in the past six years. The tax impact will be:
$37.50 - one-time tax increase for a home valued at $250,000
$45.00 - one-time tax increase for a home valued at $300,000
$52.50 - one-time tax increase for a home valued at $350,000
$60.00 - one-time tax increase for a home valued at $400,000